Vibes Caster

The outgoing governor of the Bank of England warns a government plan to boost the housing market should not become permanent. »

HSBC’s chief global economist has written a compelling but dark account of the challenges facing the West. Philip Aldrick considers the chilling claims.Bleak does not begin to describe the latest tome on the economic crisis by Stephen King, the HSBC chief global economist who appropriately shares a name with the best-selling horror writer.When the Money Runs Out is the economic equivalent o »

I loved this trompe l”oeil painted on a house in Tarragona. Pin It You may also enjoyThe View from the Cami Ronda near Tarragona: Today’s Walk 17 May 2013Edlingham Church Northumberland: Today’s Walk 7 May 2013Riding the Bounds Heads for Paxton: Today’s Walk 1 May 2013 Painted House in Tarragona: Today’s Walk 18 May 2013 [...]Painted House in Tarragona: Today »

Grant Shapps has said the co-chariman of the Conservative Party, Andrew Feldman, did not makes the comments reported in several newspapers that described Tory activists as "mad, swivel-eyed loons". »

In the last three decades, the world economy has grown by a remarkably similar rate.That time period, which coincidentally spans my professional career, has seen the global economy increase by approximately 3.4pc per annum in purchasing power parity terms.For the last few years, a central thesis of mine has been that, because of China’s ascent, this decade could see the world growing by jus »

This Great Graphic was found on the Economist's blog Free Exchange in a post titled "What the euro has meant". Under the impression that the charts speak for themselves, with little analysis, the author concludes that most of the euro area would have been better off being the US or Great Britain, even in per capita terms. Seeing how obvious this is the author is stumped by the fact that there i »

The US dollar posted strong across the board gains. It is being driven by the anticipation of favorable developments in the US, in the form of a possible slowing of the Fed's asset purchases, and less favorable developments abroad.While it is technically poised for additional gains, the biggest risk to the dollar comes from Fed Chairman Bernanke's midweek testimony.  His commitment to QE an »

The party continued on Wall Street this past week as bullish euphoria carried equity indexes further into uncharted territory; the S&P 500 Index cruised past the 1,650 level while the Dow Jones Industrial Average settled above the 15,300 mark. On the data front, potential signs of weakening fundamentals began to resurface after industrial production and weekly jobless claims came in below exp »