Markets
Truss says no to spending cuts. Here’s the caveat
The mini-Budget was a spending spree. The ‘medium-term fiscal plan’ was meant to explain the funding. But what exactly is…
Are the markets scared of Liz Truss?
Look at the chart for interest rate expectations in isolation, and you might come to the conclusion that Rishi Sunak…
The record bull run must end soon. So is it time for a return to gold?
All good things must come to an end, including summer holidays and bull markets. The bull run in US shares…
All the signs point to a new recession – a worse one
All the signs have been pointing to a new recession – and we’re much less equipped to weather it than last time
If there’s a crash now, the markets will have done it to themselves
All this talk of a new financial apocalypse, so soon after the last one, is starting to annoy me. Partly…
Come back Robert Peston, all is forgiven: and tell us who’s to blame this time
‘Who’s to blame for financial crisis’ is a poem I wrote in 2012, rhyming ‘speculators, spivs and traders’ with ‘rich,…
