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(1) The Sick Man of Europe (6 min read)
The UK’s economic underperformance is unlikely to reverse despite the recent goods trade agreement, writes Phil Suttle. Further fiscal expansion will be problematic as debt problems loom.
(Phil Suttle│ 14th January, 2021)
(2) Higher Food and Energy Prices Spell Danger Ahead (2 min read)
Upward pressure on manufacturing costs could lie ahead given the ongoing rise in food and energy prices, argues John Butler. Breakevens present an asymmetric upside.
(John Butler│ 14th January, 2021)
Will Gold Take a Breather? (G&R blog, 6 min read)
Asians dump WhatsApp for Signal and Telegram on privacy concerns (NikkeiAsia, 4 min read)
Financial globalisation and inequality: Capital flows as a two-edged sword (VoxEU, 4 min read)
China’s Fateful Year (Project Syndicate, 5 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)