Britain

The latest news out of the UK is that British Prime Minister Theresa May has decided to postpone a Parliamentary vote on the deal she negotiated with the EU over the terms governing Britain's departure from the EU. Had the vote gone ahead,…

So, yesterday I parsed the EU sentiment data from the EU's early expansion period. And what we saw was rising support for the EU right up until 1991. But after that time, support for the EU collapsed and has never recovered. I want to look…

Since 1974, the European Commission has published a twice-yearly comprehensive poll to gauge sentiment on various social and economic issues in the European Union. Today, I downloaded every one of these polls and have been busy parsing the…

1 - Saudi It looks as if US President Trump is trying to support the narrative that the Khashoggi assassination was a rogue interrogation gone wrong, allowing the Saudi government to escape sanction. But condemnation is so widespread, it's…

I have six sections in todays's newsletter: markets, macro, micro, the US, the UK, and China. So there's a lot of news flow, most of it negative unfortunately. The key piece in the mix of all of this is the 4.2% update to the GDPNow…

Despite a 43-year low in UK unemployment rates, wage earners are losing ground. As the Bank of England decides how to respond, we can see signs of a global tightening in monetary policy.

Stories on job losses on UK high streets, wage battles in Britain and bubbles in crypto and startup tech companies

Quick post here. Earlier today, I sent out a note about the Bank of England's rate hike basically saying a large part of it was about the urge to normalize. When I wrote that I hadn't seen Gavyn Davies' most recent missive on central banks.…

The timing of the BoE's rate hike decision is poor - almost on par with the ECB's summer of 2011 hike during the sovereign debt crisis.

A recent Sky News poll shows a majority of Britons now in favour of a second Brexit referendum.