Peter ElstonJun 1, 20193 minMacroAn Unwelcome ComebackIn last month’s column I wrote about the yield curve – the difference between long-term and short-term interest rates – and how its...
Peter ElstonFeb 1, 20193 minMacroThe Road AheadLast month’s column was about predicting financial markets over the medium term. This month I thought it would be fun to look much...
Peter ElstonDec 1, 20153 minCaptain Murphy’s DiaryMurphy’s Law says that what can go wrong, will go wrong. It is thought to be named after Captain Ed Murphy, an aircraft engineer who,...