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In 1972, Yale Hirsch, author of the Stock Trader’s Almanac, devised the January Barometer, which states that as the S&P index goes in January, so goes the year. By 2005, the barometer had claimed a 90
“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’re now halfway through the decade that began with Covid, which was succeeded by a surge in the cost of living. Geopolitical turmoil has also buffeted markets in recent years. This year, however, wa
More than two in five US adults are now classified as obese, and rates are rising across the rest of the world too. It is a chronic disease associated with a costly catalogue of long-term ill health,
Issue of the week: Venezuela and the markets ...
Issue of the week: the AI bubble of 2025 ...