Global money update: further slowdown
Monetary trends suggest weakening economic prospects for late 2025 / early 2026. Continue reading
UK QT has been a costly mistake
QT has been fiscally expensive, is contributing to worrying monetary weakness and wasn’t required on operational grounds. Continue reading
Why inflation pessimism is premature
The monetary conditions for a second inflation rise into the Kondratyev peak have yet to fall into place. Continue reading
Is Eurozone labour market resilience about to crumble?
Weakening job openings suggest that a negative economic scenario is starting to crystallise. Continue reading