Entries by Tim Price

Alternative views

One of the many joys of unshackling yourself from the confines of the mainstream media is that you get to hear interesting, intriguing and thought-provoking perspectives, in a long-form format. Two cases in point: Dominic Frisby and Rory Sutherland, both of whom can be heard in recent interviews here. (There’s a rich archive, too.)

EUnola May

With apologies to Orchestral Manoeuvres in the Dark and their 1980 hit Enola Gay.   EUnola May You should have stayed at home yesterday Oh-oh it can’t describe The feeling and the way you lied. These games you play They’re gonna end it all in tears someday. Oh-oh EUnola May It shouldn’t ever have to […]

Trend following

The good folk at Absolute Return Partners have identified eight megatrends, long-term investment themes that they believe will define the world of the future. Those themes are: 1) The end of the debt super-cycle 2) The retirement of the baby-boomers 3) The declining spending power of the middle classes 4) The rise of the East […]

Don’t be so negative

In February 2016, The Financial Times published an article titled ‘Central Banks: Negative Thinking’, co-authored by Robin Wigglesworth, Leo Lewis and Dan McCrum. The piece in question was atypically sceptical of the received wisdom of QE, i.e., that it works. If it was sceptical as to the efficacy of QE, it was doubly so in […]

Systemic risk

Our own jury is out when it comes to climate change. Whether or not our climate is changing – and we recall the 1970s experience of being told by climate alarmists that a new Ice Age was heading our way – it is a bit of a stretch to conclude that human activity must be […]

Consequences

In 2010, we chanced upon the Adam McKay-directed comedy The Other Guys, starring Will Ferrell and Mark Wahlberg. The film is a workmanlike but perhaps otherwise unremarkable piece in the “buddy cop” genre. But then come the end credits..

Is Mark Carney the biggest Cnut in the world ?

“In many respects, Brexit is the first test of a new global order and could prove the acid test of whether a way can be found to broaden the benefits of openness while enhancing democratic accountability. Brexit can lead to a new form of international cooperation and cross-border commerce built on a better balance of […]

Outrageous fortune

“Isn’t it funny when you walk into an investment firm and you see all of the financial advisers watching CNBC ? That gives me the same feeling of confidence I would have if I walked into the Mayo clinic or Sloan Kettering and all the medical staff were watching General Hospital.” A senior portfolio manager.