Pegasus Capital

A View from the Bridge - Sep 2017

UK GDP increased by 0.3% quarter-on-quarter in Q2, matching the second quarter estimate and the consensus however, the y-o-y growth rate was revised down to 1.5%, from 1.7%. In addition, the latest PMI survey showed a modest deceleration in the rates of expansion in UK manufacturing production and new orders
Tags:ECB , GDP

PegasusCapital - 04/10/2017

A View from the Bridge - March 2016

Watching the economy is a bit like watching England play football; some reasonable results and everyone gets carried away with expectation and then it’s back down to earth with a result that was determined by external factors

PegasusCapital - 04/04/2016

A View from the Bridge - December 2015

Who would have predicted that Leicester City bottom of the Premier League at Christmas 2014 with only 10 points from 17 matches would not only escape relegation but would top the Premier League at Christmas 2015?

PegasusCapital - 04/01/2016

A View from the Bridge - November 2015

Last month it was 65% of economists and this month its 81% of global fund managers that expect a December interest rate rise in the US, with the Fed having given out the strongest signs so far that it will pull the trigger
Tags:China , Inflation , GDP , Swaps , Gilts , WTO

PegasusCapital - 01/12/2015

A View from the Bridge - April 2015

Guessing when interest rates might rise is as difficult as predicting which political parties will form the next UK government

PegasusCapital - 30/04/2015

A View From The Bridge - May 2020 (2)

The risks of a deflationary outcome remain very elevated. Our understanding of likely household responses is becoming more informed, particularly with regard to genuine uncertainty, precautionary savings balances being built (where possible) and the likely consolidation of credit related debt. Turning the tide on the risk of viral infection and saving lives is the driving policy of government, but by definition this just pushes another rising tide of shrinking demand onto the economy.

PegasusCapital - 07/05/2020