Reports of ‘heavy loading’ on some London Underground tube lines this morning are disturbing. Cutting tube services has backfired. By Sunday (March 22nd), the number of hospital trusts reporting at…
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Undocumented infections have allowed Covid-19 to spread rapidly across the US, engulfing New York state (117 deaths). The number of Covid-19 deaths in the US is now up to 404….
A reminder, that Covid-19 and the environmental degradation that is driving climate change are inextricably linked, comes from this timely article. President Trump persists with his divide and rule narrative…
The ‘decisive’ action taken by central banks on Sunday lacked a critical component: yield curve control (YCC). Without YCC, central banks will not be able to anchor financial markets. Fiscal…
It is one thing to be the epi-centre of a virus that causes acute disruption to global supply chains. It is quite another to then be responsible for a pandemic…
Global panic, but strong hiring…… The answer to Covid-19 is not rate cuts. The point was made in last week’s commentary and bears repeating. The US economy was fundamentally very…
