UK: Fiscal Measures Against Inflation
A 2.5pp VAT cut would probably take almost 1pp off headline inflation within two months. Some firms may take the opportunity to restore their...
294 Views
UK: Consumers Drown Their Sorrows
The bleak retail performance of the previous two months surprisingly reversed as sales surged by 1.4%. Demand for booze dominated falling non-food...
464 Views
UK: Labour Market Cycles Inflation Up
The UK's combination of rising wage deals and falling unemployment looks to be around a cyclical peak in underlying inflation pressures, probably...
280 Views
UK: Cars Drive GDP Growth Back a Month
UK GDP growth declined in March as new car deliveries got delayed until April. The trend also disappointed amid downwards revisions and...
220 Views
Positioning and Imbalances
Efforts to identify peak inflation and yields or lows in growth stocks and new investments have not worked in 2022. The assumption has been...
204 Views