It is ironic that in the same week that 2-year US Treasury bond yields hit 5% for the first time since the global financial crisis (GFC), the US banking system saw a bank run which resulted in Silicon Valley Bank (ticker SIVB) being taken into receivership by the Federal Deposit…
There are things one doesn’t talk about at dinner parties - politics and religion have always been infra dig, as has Brexit more recently. Property…
One of the joys of the Financial Times is the extraordinary breadth of readership revealed in its letters page, and the depth of knowledge that emanates…
What’s the best way to get to Carnegie Hall? Lots of practice. Or at least it was until about two months ago when OpenAI released ChatGPT. By now, most…
1
Of all the countries to buddy-up with to form a new currency, Argentina probably wouldn’t be top of the list. For well over a century, Argentina’s…
1
Sadly we live in an age when financial markets are increasingly dominated by central banks and the pronouncements of the luminaries who run them. Mr…
With the benchmark S&P 500 down 19% and the Nasdaq 100 down just over 32%, 2022 wasn’t a exactly a vintage year for equities. It was the largest overall…
In October, as the pound tanked against the dollar and yields on UK gilt-edged bonds soared following the government’s ill-advised ‘mini-budget’, the…
See all

Market Depth