The S&P 500 fell 1.9% on 22 March, its worst fall since 3 January, after a part of the US yield curve inverted for the first time since 2007.

* The publication of notes on the Mueller investigation into US President Trump’s Russian relations is not likely to be a major market event (the investigation itself was not a major market event). The failure to exonerate the president over obstruction of justice might lead to more investigations, tying up White House time; the policy […]

* The publication of notes on the Mueller investigation into US President Trump’s Russian relations is not likely to be a major market event (the investigation itself was not a major market event). The failure to exonerate the president over obstruction of justice might lead to more investigations, tying up White House time; the policy […]

The S&P 500 fell 1.9% on 22 March, its worst fall since 3 January, after a part of the US yield curve inverted for the first time since 2007.

The S&P 500 fell 1.9% on 22 March, its worst fall since 3 January, after a part of the US yield curve inverted for the first time since 2007.

* The publication of notes on the Mueller investigation into US President Trump’s Russian relations is not likely to be a major market event (the investigation itself was not a major market event). The failure to exonerate the president over obstruction of justice might lead to more investigations, tying up White House time; the policy […]

The S&P 500 fell 1.9% on 22 March, its worst fall since 3 January, after a part of the US yield curve inverted for the first time since 2007.

* The publication of notes on the Mueller investigation into US President Trump’s Russian relations is not likely to be a major market event (the investigation itself was not a major market event). The failure to exonerate the president over obstruction of justice might lead to more investigations, tying up White House time; the policy […]

* In 1945 UK government debt was about 250% of GDP. In 1970 UK government debt was about 50% of GDP. The UK did not inflate its way out of debt. Bond investors can punish a borrower faster than inflation can cut debt ratios. The UK did not really grow its way out of debt. […]

* In 1945 UK government debt was about 250% of GDP. In 1970 UK government debt was about 50% of GDP. The UK did not inflate its way out of debt. Bond investors can punish a borrower faster than inflation can cut debt ratios. The UK did not really grow its way out of debt. […]