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Inside Track – Febuary 2018

This month’s topics: Deflation fears are gone and inflation expectations are up, but it is important to remember that potent structural factors restrain price inflation: ageing, technology and inequality – all three put a lid on long-term inflation. The US growth potential will only improve when companies invest in new technologies, instead of spending cash…

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Inside Track – January 2018

This month’s topics: 2018 begins with a marked dissonance between improving economics and deteriorating politics – the greatest risk to the global economy. It is in trade that US retrenchment is most visible. Several comments recently made by US officials raise concerns about rising protectionism. The “global rules – based order” (often a metaphor for…