Inflation (Part 47)
Some thoughts on this most important of issues following participation in a Citywire debate
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Peter Elston
- Nov 4
- 6 min
Is Vanguard In Denial?
The manager of the huge passive balanced fund range is clearly conflicted
962
Peter Elston
- Oct 27
- 5 min
Wealth Managers May Need A Complete Rethink
Persistent high inflation will make a mockery of balanced and risk rated funds
480
Peter Elston
- Oct 20
- 1 min
Citywire: Wealth Managers May Need A Complete Rethink
My latest piece, published in Citywire, takes aim at balanced and risk-rated funds
420
Peter Elston
- Oct 18
- 3 min
Risk Rated Funds Are Broken
We are now in an environment in which bonds are riskier than equities, spelling trouble for risk rated funds
300
Peter Elston
- Sep 28
- 3 min
Carnage
If you enjoy reading this blog, please leave a star rating on WealthTender. Thank you! The ramifications of the big fall in Gilts will be...
531
Peter Elston
- Sep 7
- 6 min
Making Waves About Bubbles
GMO's Jeremy Grantham has caused a stir with his latest missive
520
Peter Elston
- Sep 1
- 6 min
Time To Step Up
Until recently, central banks had been seen as heroes for the best part of four decades
250
Peter Elston
- Aug 30
- 10 min
Stability. Complacency. Mistake. Repeat.
Central banks were ill prepared for covid but then several decades of disinflation had made them and many others complacent
562
Peter Elston
- Aug 26
- 4 min
OK, But What Do The Patterns Actually Mean?
Patterns in financial markets relate to human behaviour, the business cycle, and longer inflation cycles
220
Peter Elston
- Aug 22
- 6 min
A Statistical Appraisal Of Bond And Equity Behaviour
Bonds and equities exhibit fundamentally different patterns
310
Peter Elston
- Aug 12
- 3 min
Schrödinger's Thermostat
Can the latest US jobs and inflation data suggest that the economy is heating up and cooling down at the same time?
290
Peter Elston
- Aug 3
- 3 min
Where Are We In The Cycle?
A reminder about what empirical research tells us about business cycle phases and asset class returns
430
Peter Elston
- Jul 29
- 2 min
The US Is Not In Recession...Yet
The definition of a recession as two consecutive quarters of negative growth is flawed
280
Peter Elston
- Jul 27
- 6 min
Prediction Machines
It's easy to make predictions but making them useful is another thing all together
390
Peter Elston
- Jul 25
- 7 min
Is Gold Still Gold?
An appraisal of the fundamental reasons for buying gold
430
Peter Elston
- Jul 22
- 5 min
Is Gold Still Precious?
The outlook for gold in the context of its long-term price trend
550
Peter Elston
- Jul 14
- 4 min
Blurred Lines or No Lines?
Retail investors cannot be adequately protected until the fundamental similarity between investing and gambling is recognised
540
Peter Elston
- Jul 13
- 4 min
Stuck
Why should the QE of the last 15 years be causing inflation only now?
430
Peter Elston
- Jul 11
- 5 min
Even The Germans Went Quiet
Perhaps quantitative easing was inflationary after all
400