At current low levels of unemployment, companies face a decision: invest more in capex and software as the cost of labour rises, or retrain workers. Both could happen concomitantly. The…
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There are some legitimate doubts over the strength of Germany’s labour market. Vacancies have fallen in four out of the last five months, with June down 13.0k. The Eurostat labour…
There is no need for the Fed to cut. Indeed, the FOMC will be impressed by the resilience of the stock market on Friday. The early losses were trimmed as…
A ceasefire in the trade war may only be that – a temporary cessation of hostilities. President Trump’s reprieve for Huawei has been criticised heavily in the US Congress. However,…
It has been a common refrain this year: businesses are deferring capital spending due to uncertainty (trade wars) and a worsening economic outlook (manufacturing). Yield curve inversion implies that markets…
The gilet jaunes protests are steadily dwindling: only 7,000 demonstrators took to the streets on Saturday 15th earlier this month, a fraction of the quarter of a million people who…
Despite a small (0.46%) dip on Friday, IT stocks put in a strong showing last week, rising 3.32%: IT was only second to energy, where share prices were driven higher…
