201801.08
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Inside Track – December 2017

This month’s topics: In 2018, inequality will be by far the greatest socio-economic issue. In the short term, Trump’s $1.5tr tax cut will energize the US economy by boosting GDP growth, with two immediate consequences in 2018. Three recent developments support the argument that EU cohesion will strengthen. Brexit and Macron are powerful examples of…

201711.30
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Inside Track – November 2017

This month’s topics: Aggregate data about income or consumption are no longer a true reflection of ‘average’ living conditions, as inequalities become skewed between top and bottom. A flattening US yield curve (it was, earlier this month, at its flattest point in 10 years) is a warning sign. Optimists must remember that China’s GDP doesn’t…

201710.31
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Inside Track – October 2017

This month’s topics: The IMF has just increased GDP forecasts for all advanced economies – with the exception of Spain and the UK. The 19th Party Congress has sealed the status of Xi-Jinping – the most powerful Chinese ruler since Mao Zedong. To overcome the middle-income trap and to boost productivity, China aims to become…

201709.30
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Inside Track – September 2017

This month’s topics: There are no imminent signs that the global economic recovery is about to end. China’s peaceful ‘invasion’ of the world will be one of the big stories of the next 30 years. The backlash against the tech industry is becoming a major global trend, regulatory onslaught will slow their growth and squeeze…