Chairman’s Blog
March 2017
Since my thoughts at the beginning of February, which followed a few intensive days in Washington DC, nothing has happened to change my view of Trump. He is, however, proving...
February 2017
The economic dislocation following the financial crisis is receding and business in general seems to have adjusted to a world of growing uncertainty on the political as well as the legislative front. Perhaps...
October 2016
For the last twenty years, we have been living in a period during which a generation has forgotten that debt has to be paid down and debt destruction, often discussed and experienced in the last century, has been forgotten about....
September 2016
Like a drug, increasing QE is less and less effective. The actions of the Bank of England post-Brexit are for this reason extremely worrying and will cause many more problems down the road for banking...