Britain

If the Fed does not do anything new, Bernanke and Co. risk disappointing the market and the fallout that may follow. QE3 at this juncture does not seem a likely and few observers disagree. After the FOMC meeting is out of the way, the…

Annual growth on the VocaLink Public Sector Take Home Pay Index stands at 1.3% and in the private sector, growth has fallen to 2.9%.

These questions sound like Congress thinks the US will be the next Greece. And that makes them likely to turn the US into the next Japan. The Congressmen almost never ask questions. They are statements posed as questions to get Bernanke to…

Below are the findings of the recently released VocaLink Public Sector Take Home Pay Index. The VocaLink Take Home Pay Indices measure after-tax income as opposed to pre-tax gross income. So they are designed to reflect what Americans call…

Dollar is little changed ahead of today’s ECB meeting and ADP report; stocks/commodities are steady. BoE holds steady, ECB is expected to deliver a 25bps rate hike; market focus likely to be on comments. Brazilian policy makers focus on…

My hope is that, despite slowing in Europe and China, the global economy will have enough pop to get the US through its experiment with expansionary fiscal contraction. But this is just a hope.

As a result of the two great wars in the 20th century, the UK’s national debt soared such that by the end of World War II, public net debt was well over 200% of GDP.

Inflation is sapping spending power. Legitimately, one cannot expect pay to rise by 4 and 5% per annum in a still weak economic environment. Therefore, the only way to see more purchasing power for consumers over the medium-term is via…

Funny pictures of Prince William, his bride Kate Middleton and two royals juxtaposed to Disney cartoon characters

Bill Gross: Low policy rates and the increasing negative real yields that they engender as inflation accelerates represent an immediate threat to investment portfolios. Bond prices don’t necessarily have to go down for savers to get skunked…