We discuss a new Bank of England paper. And it turns current central banking thinking on its head! https://www.bankofengland.co.uk/working-paper/2020/eight-centuries-of-global-real-interest-rates-r-g-and-the-suprasecular-decline-1311-2018
Well, the interesting times continued this week, with US markets strong to the end of October, on strong results, despite some wobbles from big...
We look at the latest credit data, which is all about booming mortgage lending. Given the rate of change of credit, home prices are...