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How would a President Harris make her mark on the US economy?
Also in this newsletter: Olympic rail sabotage, the Taylor Swift effect, science round-up
Universal basic income: the bad idea that never quite dies
The tax rises needed to fund such schemes put them out of reach — maybe a new study will convince the doubters
FirstFT: Top Mexican cartel operatives arrested
Also in today’s newsletter, investors criticise Trump’s dollar devaluation plans, and Uber’s landmark ruling
Taylor Swift and the fallacy plaguing modern economics
Why what we consider to be economic activity matters
Russia’s surprising consumer spending boom
Heavy government expenditure and labour shortages have led to a sharp rise in real wages and consumption but the economy risks overheating
Trump’s dollar devaluation plan unlikely to prevail, say investors
Analysts warn that devaluing the currency would be shortlived
Whitepapers / Articles
A View from the Bridge - May 2024
The Bank of England were not expected to move policy rates at today’s meeting so the focus for markets was on the updated quarterly forecasts for growth and inflation along with the accompanying minutes of the two-day policy meeting.
PegasusCapital - 24/05/2024