The Great Debate UK

from MacroScope:

Brit shock horror: euro to survive

March 10, 2010

Euro brezinys_EC1

Britons have never really got the euro zone. "Its not really going to happen, is it?" was a typical question from a City analyst to Reuters back in the mid-90s. The political drive behind the creation of the monetary union was beyond many in eurosceptic Britain.

from Breakingviews:

Stock market rally celebrates bittersweet birthday

By Edward Hadas
March 9, 2010

Birthdays are a good time to look back. The first anniversary of the global stock market rally -- the lows were hit on March 9, 2009 -- certainly brings back memories. It's easy to see why the MSCI World Index  is 71 percent higher now than then.

Cable: parity is still a long way off but $1.40 beckons

March 5, 2010

Jane FoleySince 1982, cable has been contained by the 1985 low of GBP/USD1.0790 and the 2007 high of USD2.0798.  The bulk of this time cable has remained within a narrower 1.40 to 1.80 trading range.

from Breakingviews:

Goldman Sachs needs to admit it made mistakes

March 1, 2010

By Chris Hughes

Even the mighty Goldman Sachs makes mistakes. The Wall Street bank's decision to help Greece keep some of its debts hidden from public view in 2001 was one of them.

Whither UK economic policy?

February 25, 2010

David Kuo-David Kuo is director at the Motley Fool. The opinions expressed are his own.-

The day of reckoning is looming ever closer.

Political leaders are jockeying for position with ad-hoc appearances here and a flesh-pressing engagements there to curry favour with voters ahead of the general election. How long will it be before we get our first baby-kissing photo opportunity?

Signs are positive for markets and economy

February 12, 2010

SCHWAB.IMG_4329-Kully Samra is UK Branch Director at Charles Schwab. The opinions expressed are his own.-

from The Great Debate:

Fed redux: Making policy behind the curve

January 29, 2010

-- John Kemp is a Reuters columnist. The opinions expressed are his own. --

With clear signs the U.S. and world economies have returned to growth, investors are trying to guess when the Federal Reserve will begin to raise interest rates again.

from Breakingviews:

China needs fertilizer more than steel

January 28, 2010

China needs fertilizer more than steel. If the Middle Kingdom's industrialization follows the course of other nations, per capita demand for infrastructure like concrete and steel will peak long before meat consumption.

from The Great Debate:

There’s no way to hedge politics

January 26, 2010

Ben Bernanke in peril and the Volcker crackdown on proprietary trading by banks show two truths of the current dispensation: there is no effective hedge against politics and the reflation trade rests on fragile foundations.