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Jan 20, 2012
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European markets’ cheer may well run out of puff

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By Robert Cole

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Blue chip European stocks and well-rated bonds have started the new year in pretty fine fettle. And they’ve not turned turtle despite gloomy news from S&P, and the Greek debt restructuring drama.

Jan 13, 2012
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Review: Keynes, Hayek, and the power of small

By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Since the 1930s, one clash has defined both academic macroeconomics and the economic policies of governments. On the left side are followers of John Maynard Keynes, who believe that government actions can and should smooth the destructive swings of business cycles. On the right are those who fear governments and believe in the self-correcting power of markets. They can be considered the friends of Friedrich von Hayek.

Jan 12, 2012
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Predictions 2012: Upside down and inside out

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By Robert Cole

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Planet finance has a propensity to turn itself upside down and inside out. It’s up to its old tricks again. A new collection of commentaries from Breakingviews sets the financial agenda for the next 12 months.

Dec 29, 2011
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Long live gloom – it’s a great time to buy stocks

By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It is the oldest saw in the investment handbook: buy low and sell high. But with global shares at their cheapest in a generation, confident equity investors are a rare breed.

Dec 29, 2011
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Surviving animal finance: bear with the bull

By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Just as a picture is better than a thousand words, an apt zoological metaphor conveys financial insight more effectively than the most comprehensive spreadsheet. But conjure the wrong creature out of the hat and confusion multiplies more quickly than a wrack of rabbits.

Dec 1, 2011
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New London air hub plan needs public money to fly

By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Heathrow is a jam-packed embarrassment for those who promote London as a global financial centre. A brand new four-runway hub in the Thames estuary east of the UK capital might relieve the squeeze. The idea is favoured by Boris Johnson, the mayor of London. Central government enthusiasm would be greater if all the funding could be raised from the private sector – although the UK government now says it will explore plans to maintain the UK’s aviation hub status.

Nov 17, 2011
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Equity-bond decoupling shows risks have changed

By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Investors may be rethinking the inherent riskiness of equities, especially compared to bonds. It’s a logical response to seismic shifts in the euro sovereign debt markets.

Aug 24, 2011
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Companies should resist buyback temptation

By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

LONDON — Share repurchases are creeping back into fashion, and they are easier to fall for when markets are on their knees. But boards have too often sanctioned stock-buying programmes that have destroyed value. They need to resist the rising temptation.

Jul 20, 2011

Murdoch junior leaps to defence of feebler father

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)

By Robert Cole

LONDON (Reuters Breakingviews) – Shaving foam apart, News Corp’s founder and his son escaped their UK hearing broadly unscathed. Their studied display of polite contrition neutered questions from members of parliament. But while James Murdoch gave an assured performance, Rupert Murdoch appeared bemused and out of touch.

Jul 19, 2011
via Breakingviews

Hoarding gold makes sense only for the hopeless

By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

LONDON — Compared to U.S. equities, gold is expensive. You have to go back to the stagflation of the 1970s — or the depression of the 1930s — to find a time when the yellow metal was more valuable. Today’s worries could push it higher. But only the gloomiest can think gold will maintain its glittering trajectory.

    • About Robert

      "Robert is Assistant Editor of Reuters Breakingviews, based in London. He has a special focus on investment, writing about it on a global basis. Robert worked for The Times, in London, in a variety of writing and editing capacities from 1998 to 2010. For nearly 10 years he edited the newspaper’s daily Tempus investment column. He was also deputy business editor, acting business editor, a leader writer, the chief obituaries writer and a news editor in the home affairs department. Prior to joining The Times, Robert worked on The Independent and the London Evening Standard. His most recent book is ..."
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