MoneyWeek

Is there a bubble in the stockmarket? Depends how you judge a bubble. If you just look at valuations in, say, the US tech sector, or perhaps the global renewable energy sector, there is no shortage of bubble signals. Louis-Vincent Gave of Gavekal loo

While US spending balloons, China has begun to tighten the fiscal taps, says The Economist. Prime Minister Li Keqiang has announced a lower fiscal deficit target for this year. Meanwhile, the central bank has begun to withdraw liquidity in a bid to c

Will rising bond yields sink the emerging market rally? The MSCI Emerging Markets index soared by 90% between last March and 17 February as optimistic investors bet on a strong global upswing this year. Yet higher US Treasury yields (see page 4) are

Spring is here, the number of new Covid-19 infections and deaths is falling by around 30% week on week, deaths are back at October 2020 levels and the vaccine rollout is on time, says Ross Clark in The Spectator. Yet the chief medical officer, Chris

“The recession is effectively over” in America, says Michael Wilson of Morgan Stanley. Progress on vaccinations combined with another huge round of fiscal stimulus means “it’s hard not to imagine an economy... on fire later this year”. By the middle

GDP growth to reach 37-year high: The House of Representatives was set to pass a $1.9trn coronavirus relief package on Wednesday and send it to President Biden for his signature, say Andrew Duehren and Kristina Peterson in The Wall Street Journal. De

The London-based finance firm Greensill Capital, one of the world’s biggest providers of supply-chain finance (letting firms borrow to pay suppliers), filed for administration on Monday, saying it was in “severe financial distress” and unable to pay

It will be the steepest rise in tax on businesses since the Labour chancellors Roy Jenkins and Denis Healey were in charge of the British economy in the 1960s and 1970s. It will move the UK into one of a dwindling group of countries where the state t

newstatesman.com In late January, a “coalition of Russia’s discontented flooded into city centres” to protest the arrest of opposition leader Alexei Navalny, says Felix Light, braving “vicious police violence and potentially ruinous legal consequen

The list of countries that managed to grow their economies last year is an unusually short one, which makes Vietnam stand out. Its GDP growth rate of 2.9% was low by historical standards – it typically manages 6%-7% – but still put it ahead of every

The problem with many traditional funds, be they actively-managed unit trusts or investment trusts, is that they tend to be rather staid and mainstream. That does not mean that they ignore unusual ideas – quite the opposite, in fact. Niches such as i

All money that is anywhere must, of course, be somewhere. This simple truth explains why the $50-odd trillion (roughly £36trn) of extra liquidity, injected following the Covid-19 lockdowns, has inflated global asset markets, sending share prices to n

Here’s how to minimise your bill In last week’s Budget it was announced that the inheritance tax (IHT) threshold is being frozen for another five years. This is set to drag thousands more people into paying the so-called death tax. The good news is

Sydenhurst, Chiddingfold, Godalming, Surrey. A modern Palladian-style mansion in over 30 acres of grounds. It has ground-source heat pumps, super insulation and low-energy LED lighting. 9 beds, 9 baths, 3 receps, study, library, double indoor bowling

The world’s most famous devotee of gold leaf may have left office, but the corridors of power are still being plastered in the stuff. Carrie Symonds, the financée of our prime minister, evidently shares the former US president’s approach to interior

Regular readers will know that we have a ranch in Argentina – where we were delightfully if pointlessly holed up for nine months last year while the authorities imposed one of the world’s most severe lockdowns. (The result was 116 deaths per 100,000