Pegasus Capital

A View from the Bridge - December 2012

The last month of 2012 hasn’t exactly been a time for the politicians of the western world to look back on a year of growth and prosperity, but the spectre of inflation and rising unemployment have resulted in the central banks in Switzerland, Japan, the USA and the UK keeping base rates at or near Zero
Tags:Growth

PegasusCapital - 31/12/2012

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