Brexit. Inaccurate Polls. Long Term Consequences.
Tuesday, 14 June 2016 | 12:26 am
The latest Yougov poll on the EU referendum has the 42% voting to Remain, 43% voting to Leave and 11% undecided. The result in any case will be unpredictable because the voting intentions are not driven by commercial interests but by political, social and emotional ones, and the material consequences of leaving the EU are
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Market Outlook 2016. Where To Invest in 2016/2017.
Wednesday, 08 June 2016 | 12:50 am
It is now difficult to see more than 10 seconds into the future. What was chosen for a laugh as a blog title has become a reality. Central banks have led the markets if not the economy for the last 8 years out of crisis and are now losing some credibility and control. A quick
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US Labour Market. The long and short view. What the weak May Non Farm Payroll numbers mean.
Monday, 06 June 2016 | 10:35 pm
Below are a series of pictures depicting the US labor market. We highlight a number of points. 1. The weak payroll numbers in May are significant in that they were well below even the lower bound estimates, prior month numbers were revised down significantly, temporary non-farm payrolls were also below estimates, there were no special
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Singapore 2.0. Singapore Economy In A Rut. Policy Has Run Out Of Ideas.
Monday, 30 May 2016 | 1:39 am
The Singapore economy is in a bit of a rut. A space constrained, population constrained economy like Singapore needs to look to unconventional economic models for growth. It cannot target population growth, capital accumulation and technological innovation without bound. Population growth meets space constraints and population density issues sooner or later. By all accounts, it
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Quantitative Easing Explained. And Anti Social Economics.
Friday, 27 May 2016 | 12:40 am
Every so often the free market fails to sort itself out and the economy grows more slowly than it should, according to the economists, bankers and investors. Measures need to be taken to spur economic growth so that it can run at its potential again. Having lowered interest rates to zero or close to zero
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