Leaving the politics to one side, we have commissioned Capital Economics to look purely at the economic consequences of Brexit. We’ve found this exclusive report very valuable, interesting and ultimately, from the perspective of our investment strategy, very reassuring. It reinforces our confidence that the portfolios are positioned very appropriately for the long-term and that is why we want to share it with you…
Is technology taking over our world and what does it mean for the global economy and for our way of thinking about the world? In this update, we look at the connections between technological innovation, low productivity, wage deflation and the conundrum faced by central banks everywhere…
All the talk of rebalancing the UK economy that we heard from policymakers in the immediate aftermath of the financial crisis has led to nothing. The UK economy is more unbalanced today than ever before.
We have believed for some time that the growth and inflation assumptions embedded in the forecasts of central banks around the world, are consistently too optimistic. In the case of the United Kingdom, this applies also to the Office of Budget Responsibility.