A lot has been happening in the European bond yield markets this week, as a recent (successful) sale of bonds by the Irish government gave a boost to borrowing rates across Europe, and the gap between UK and German bond yields increased to the largest it has been since 2005.
February 2013
The pessimists are emphasising a lack of overall pick up in GDP. This makes for good press headlines and discussion for the pontificating pundits. The GDP is inevitably being depressed as the Government …
December 2012
The atmosphere of economic gloom that surrounds western economists and journalists is beginning to feel like a comfort blanket. Those who have to take decisions today about future investment, particularly investments that may take a year or more to mature, have to be exceedingly…