Asking the Right Questions
ECB monetary policy: key comments from Draghi
Following the European Central Bank’s latest monetary policy committee meeting, ECB President Mario Draghi reassured investors of his commitment to do more if needed to achieve “a sustained adjustment in the path of inflation consistent with its inflation aim”. Interest rates to stay low:…
Rental Increases and the Merseyside Derby…
One might have thought after the collapse of the Celtic Tiger bubble we would have figured out the role of housing in our society. It doesn’t appear to be the case. As measured by the consumer price index, Irish inflation fell by -0.1% in the…
Economic Growth and Asset Prices…..
The OECD released their latest Interim Economic Outlook, warning that “the global economy is projected to grow at a slower pace this year than in 2015, with only a modest uptick expected in 2017”. This is another case of groundhog day, for years now…
Gold, scarcity and supernovas
“There is something a bit odd about the value we attach to gold. Throughout history people have gone to extraordinary lengths to get their hands on this most precious substance which is strange because it is isn’t particularly useful for anything…but it has got…
Weekly Market Update: May 9th 2016
Market Recap Global equity markets continue to struggle, with all of the major equity indices ending lower for the week. Europe and Asia underperformed the US, with the currency backdrop playing a huge part in the divergence of returns this year.
Eurozone Inflation Falls Further in August
ECB president Mario Draghi must be thinking “why always me” as the latest economic data heaped more pressure on Draghi to wave his magic wand (perceived to be quantitative easing through the eyes of financial markets) and fix the ailing Eurozone economy. In particular,…
Surprise Jump in UK Inflation
UK consumer price inflation rose to 1.9% in June, up from 1.5% in May and above the consensus forecast of 1.6%. Prices of clothing and food items were the key drivers behind the surprise increase, pushing inflation closer to the Bank of England’s 2%…
