Russia has to be considered to be at a crossroads. The Kremlin’s propaganda against the West and internal dissidents is taking on a life of its own and it is difficult to see how Mr Putin, even if he wanted to, can roll this tide back. The West will have to play a careful game…
These enormous economic changes leave us with a certainty that predicting the course of events is a lot more difficult and policies that try to maintain the status quo are doomed. This is particularly relevant in Europe where….
In general, the instabilities we are seeing are relatively benign, but the road to Christmas still has a few bumps in it…..
Barring a political miscalculation in the Ukraine and provided the conflict in the Middle East does not spread further into Saudi, the Gulf States and Turkey, we should see a steady improvement to the economic world for the time being….
2013 turned out to be a remarkable year from the point of view of stock market recoveries. Nearly all markets rose, producing gains of between 20% and 30% in general: exceptional growth by any standard. January and February have, of course…
The light at the end of this particular tunnel is the hope that our political classes will get the message that less legislation, less pandering to vested interests and more concentration on balanced budgets might be politically popular. Always looking for this elusive light, one can only hope…..