6 February 2019 During these Winter months, my breakfast typically consists of a big, steaming bowl of porridge! As in the Goldilocks fairy tale, however, getting the recipe right requires some experimentation. Often the same is true of monetary policy decision-making. In search of a soft landing for the US economy -- neither too hot, [...]
16 December 2018 Following the Brexit debate often reminds me of cartoon characters who, prior to proceeding to their destination, frantically spin their wheels without actually moving. Such has been the case for much of 2018. After the Parliamentary drama of the past few weeks, however, issues have become clearer and options have narrowed. In [...]
4 December 2018 Enjoy my 2019 Strategy Podcast. The broadcast complements and updates my September blog entitled "2019 Strategy: Turning (Even More) Defensive!" Also look at previous blogs on various country assessments and policy issues -- all found in the Archive of Recent Blogs.
25 November 2018 The European economy surged between mid-2016 and the end of last year -- expanding at an impressive 3% annual clip during this interval. This year has been quite a different story, as growth has consistently disappointed: indeed, GDP advanced a meagre 0.8% (annual rate) during the third quarter of 2018. There are [...]