Jupiter Merlin Weekly: Is the UK economy a ‘coiled spring’?
Confidence, that most intangible and ephemeral of factors, may determine the economic future.
Reflation and the Release of Animal Spirits? Not So Fast …
Ariel Bezalel says reflation trade proponents may have gotten ahead of themselves and that we will remain in a low-rates-for-longer environment.
Jupiter Merlin Weekly: The energy transition is too important to get wrong
The transition towards a net-zero carbon economy has inexorable momentum, but what role can oil majors, now so often pariahs, play to meet ambitious climate targets?
Silver squeeze: What’s behind the surge in silver?
Ned Naylor-Leyland explains how huge retail and industrial demand for silver is set to outpace supply.
Jupiter Merlin Weekly: EU lashes out as Covid response flounders
As its vaccine supply trickles in the EU is lashing out, while riots in the Netherlands and the as-yet untouched Covid-recovery fund point to a deeper malaise.
Active Minds – Normality might come slowly, but sustainability is here to stay
Abbie Llewellyn-Waters explains why she is sceptical of current market optimism about economies reopening, but not of the undeniable momentum in sustainable investing.
Letter to investors
Ariel Bezalel shares his views on financial markets and the global economy in 2021.
Jupiter Merlin Weekly: Longer lockdowns confound economists predictions but US could still surprise
When pandemic uncertainties make precise economic predictions even harder this year, ephemeral barometers of confidence such as Purchasing Managers’ Indices may prove a more reliable guide so keep a weather eye on the US.
Rift at the Federal Reserve could lead to another policy pivot
Disagreement at the Federal Reserve over the future direction of policy might lead to interest rate rises before 2023. But would markets throw another ‘taper tantrum’?
Active Minds – Bond market wobbles over election, Fed direction
Mark Nash looks at choppy bond markets in the first trading days of the year, and explains why he believes the Fed cannot sit back and let the market set rates.