Recent Posts

World’s major central banks are too hawkish

Global investors are positioned for a coordinated tightening of monetary policy by the world’s major central banks. Although the US Federal Reserve is already far down that path, the others are just getting started. The European Central Bank is set to end its bond purchase program by year-end. The Bank of England is leaning towards hiking interest rates for only ...

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In Brexit’s endgame, anything’s still possible

As negotiators from the UK and the European Union meet in Brussels, Brexit is said to be entering its endgame. This isn’t an ordinary endgame though: All the major pieces are still on the board and pretty much the full range of potential outcomes — from no deal to no Brexit, and everything in between — remain live possibilities. Mapping ...

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Qantas cannot count on monopoly money forever

Which are the most lucrative airline routes? The ones that fly tourists and executives between global capitals on sparkling new planes, accompanied by in-flight movies and lie-flat beds? Or the ones that hop around the boondocks on ancient turboprops with the seat stuffing coming out? Of course it’s the latter. Every business knows that you can charge the highest prices ...

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