Private Press Releases

In my recent Investment Letter that was published last week, I questioned the need for an interest rate rise and also Bank of England governor...

It’s worth considering yesterday’s summer budget in the context of what actual government expenditures and receipts have been doing over the last few decades. Looking...

I am dismayed by how often the term ‘negative feedback loop’ is used incorrectly. The latest offender is Jeff Currie at Goldman Sachs who writes...

It is reassuring to see in today’s Financial Times that Andy Haldane, the Bank of England’s chief economist, is rejecting calls for an early interest...

At 3am local time this morning, the Greek government announced the suspension of overseas banks transfers and that daily cash withdrawals would be limited to...

Last week we increased our European Equity exposure to a 4 percentage point overweight position relative to our core allocations. We had felt that there...

Low and stable inflation is not normal. For only one third of the time since 1774 has inflation* in the US been between 0 and...

For those who love charts, the Bank of England’s monthly inflation report provides much fodder. Charts aside, however, May’s edition makes pretty miserable reading. Governor...

Peter Hargreaves, co-founder of Hargreaves Lansdown, is quoted in this week’s Financial Adviser as saying that the vast majority of investment funds are “managed by...