Each year at Jackson Hole policy makers and economists around the world meet to discuss the issues of the day. Attention on policy makers has intensified to extremes since the financial crisis and it is unsurprisingly Janet Yellen and Mario Draghi who grabbed the headlines from the… Read the article

Last month apparently represented the twentieth anniversary of the start of the Asian crisis, and five years since Draghi’s ‘whatever it takes’ speech. This week apparently marks the ten-year anniversary of the financial crisis.

These events make great ‘hooks’ for content in the press, blogs,… Read the article

From the Financial Times this month:

“The tranquillity of Wall Street’s ‘Fear Gauge’ continues to baffle investors, given the market uncertainty”

Financial commentators and journalists – who are just as prone to herding as investors themselves – have brought attention to the ‘volatility paradox,’ the apparent disconnect… Read the article

Humans like to think they know more about things than they really do. This is perhaps more true in finance than elsewhere, because the abundance of data lends itself to analysis, pseudo-science, and experts.

One of the data points that draws most attention is the US non-farm payrolls, which is… Read the article

A week on, where are we?

Friday 24th June feels like a long time ago – so much has happened since then. Sterling has dominated the headlines here in the UK. It has risen a little from the initial post-Brexit low of 1.312 against the dollar, but is still down… Read the article

Markets have recently experienced some heightened volatility, which at times has been explained by commentators as being due to the changing expectations around the outcome of the UK referendum.  Last week, equity markets globally experienced losses, while ‘safe haven’ assets, such as G7 government bond markets, rallied. The biggest currency… Read the article