Issue of the week: Trump vs. the Fed ...

“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

We are in a real-life game of Risk. In 2019, Fiona Hill, an official at the US National Security Council during Donald Trump’s first term, said the Russians had informally proposed a plan whereby they

The leisure sector is but part of the gigantic services sector, which accounts for roughly 80% of UK GDP. The latter encompasses everything from professional services such as solicitors and accountant

In May 2008, I was in Ireland on a holiday I eventually had to cut short because the property and credit bubble had made everything absurdly expensive and blown my budget. One day, I fell into convers

Issue of the week: Venezuela and the markets ...