[Gavyn Davies] The world’s economic centre of gravity
Danny Quah at the London School of Economics has recently released a complex but interesting article on the world’s economic centre of gravity.What’s that?The author...
[Gavyn Davies] What Osborne did today
So what did the Chancellor actually do today to change macro-economic strategy in the UK Budget?In one important sense, he seems to have done little or nothing. The path for...
[Gavyn Davies] Weekly indicators for the US economy
And, following my earlier post on global growth, here is one on US growth.Vasileios Gkionakis, my colleague at Fulcrum, has been producing weekly estimates for US GDP growth for several years now,...
[Gavyn Davies] The good, the bad and the ugly
At Fulcrum, we scan the behaviour of asset markets each week to make sure that we are not missing what the markets are trying to tell us. It is surprising how often this forces...
[Gavyn Davies] MPC still split in four directions
The minutes of the Bank of England’s MPC meeting in March released on Wednesday morning show that the committee lines up in exactly the same way as it did last month.One...
[Gavyn Davies] Has global economic growth peaked?
Risk assets have not had a great month so far, with global equities now having eliminated most or all of the gains they recorded during January and February.It is tempting to...
[Gavyn Davies] Did Her Majesty sign the OBR Act?
I am informed that the Treasury was on tenterhooks last night, waiting for confirmation that the Queen had given the royal assent to the bill which establishes the Office of Responsibility...
[Gavyn Davies] A very big day for UK economic strategy
This is a very big day for the UK economy, with the MPC minutes at 10.30am [GMT] and the Budget at 12.30pm, so I am going to kick off with that.I wrote a commentary on UK macro...
[Gavyn Davies] Further economics reading
Elsewhere on Wednesday,- Cullen Roche on what really causes hyperinflation.- Ex maestro Greenspan attacks policy activism in the US.- Berkeley Prof Brad DeLong says Greenspan is wrong....
