Introduction Speaking to journalists at a lobby briefing in 1964 – when the sterling crisis was raging – Prime Minister Harold Wilson famously said “a week is a long time in politics”. What, then, is a month? Especially a month like September 2022 when enough happened to fill a year’s worth of Bulletins. In the …
You don’t need us to tell you that investors have had a lot to deal with in the last few years. From a once-in-a-century pandemic to the Ukraine war, along with political upheaval in the US and the UK and soaring inflation across the globe, it’s been a tough period, to say the least. In …
Introduction August started with US Speaker Nancy Pelosi visiting Taiwan. We comment on China’s reaction below – and we also describe the environmental and economic challenges facing the country. With domestic crises brewing at home, some commentators have noted the convenience of an external crisis for the CCP (Chinese Communist Party). “The position of the …
As the inflation crisis in the UK has deepened, the Bank of England has been forced to act decisively by hiking interest rates. In December 2021, interest rates stood at 0.1 per cent, but they’ve since been raised five times and now stand at 1.25 per cent. So the question on everyone’s lips right now …
Introduction As many readers know, this Bulletin is written from notes we compile throughout the month. One of the most interesting aspects of this is the occasional feeling of ‘was that really this month’ as we start to write the Bulletin. So it was this month. The race to replace Boris Johnson seems to have …
Introduction June was the month in which the war Vladimir Putin thought would last 100 hours passed its hundredth day – with all the attendant problems for food supply and the global economy. In the UK, Boris Johnson won his confidence vote by 211 votes to 148 – but the dark mutterings continued as the …
Putting money aside for the future is one of the most fundamental principles of good financial planning. But with inflation at a 30-year high, and set to rise even further over the coming months, countless families and households are struggling to pay the bills and put food on the table. As a result, the idea …
Last month, the UK’s inflation figures for March were released. Having been 6.2% in February, inflation had risen to 7%, the highest rate for 30 years. Across the Atlantic, the figures were even worse, as US inflation reached 8.5% – the highest since March 1981 – as the Ukraine war pushed up energy prices. In …
Following Russia’s invasion of Ukraine on February 24th, many of our clients have asked us if the war is likely to push up prices in the UK, making the current cost of living crisis even worse. The short answer is ‘yes, almost certainly’. We have tried to explain below what is likely to happen and …
Introduction The war in Ukraine, worries about food supplies, worries about the global economy… May was another month where all the themes we have become used to were to the fore. Despite this, it was a reasonable month for the stock markets we report on in the Bulletin. China led the way with a gain …
