Untied Kingdom

Andrew Pyle

September 30, 2022

Last week's UK mini budget has not done anything to inject confidence in global financial markets and the resistance to step away from an ill-timed debt-financed basket of tax cuts has darkened the ou...

The inflation problem isn't as clear as some think

Andrew Pyle

September 23, 2022

This week saw yet further stunning increases in global interest rates as the war against inflation wages on. Where prices are sticky are in non-discretionary areas of consumer spending and this could ...

Federal Reserve

Andrew Pyle

September 21, 2022

The Federal Reserve delivered a 0.75% rate hike this afternoon, in defiance both a weakening economy and a small contingent of the market that thought it should have been more aggressive. This is push...

Prognosis for oil not great, but maybe not a disaster either

Andrew Pyle

September 16, 2022

Evidence of economic weakening, a stronger US dollar and continued Fed rate hikes have pressured crude oil prices, but we could be approaching a near-term bottom.

Comparisons to crisis not valid, at least not yet

Andrew Pyle

September 09, 2022

The soaring US dollar has been totally justified on the basis of relative fundamentals between the US and both developed and developing countries. It has also brought about comparisons with the finan...

Is 75 the new 25?

Andrew Pyle

September 07, 2022