A preliminary estimate of Q1 GDP released by the Office for National Statistics yesterday suggested quarter on quarter growth of around 0.8%.
March 2014
With spring in the air, we should be seeing economies improve, albeit at different rates. It is certainly likely that those in work and businesses will put the foot on the accelerator…..
February 2014
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…
Chart of the Week: Week 42, 2013: Holders of US Debt
As the deadline for the US Government to reach an agreement on the debt ceiling looms (it is, in theory at least, the 17th of October), we take a look at who holds most of the debt, and what that means in the face of a potential default.
October 2013
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…..
Chart of the Week: Week 40, 2013: US Debt Ceiling (Again)
At the very end of last year, the US was heading towards a “fiscal cliff”, and although a deal was agreed, the Economic Research Council pointed out in our first Chart of the Week of 2013that the debt ceiling still loomed ahead.