As the Fed aims to end QE in October and the normalised interest rate policy during 2015 looms, a matter for debate among investors is whether the strong performance of both equities and Treasury debt in recent years has peaked.
by Kate Allen, Keith Fray and Patrick Mathurin
What are the most used (and perhaps overused) charts of 2013? Read more
US economic growth has been revised upwards to 2.5 per cent. A pretty impressive rate, given that the UK is currently stagnating at just 0.7 per cent. On the other hand, it looks less impressive when compared to China’s booming 7.6 per cent (even though, for China, that’s a slowdown).
But wait a minute. Economists across the land are howling in pain at this jumble of misinterpretation. These rates aren’t comparable at all – because they’re all measuring different things. Read more
Today, I gave a brief presentation – based on our previous stories – on the performance of London schools to the excellent Centre for London. Some slides are a little mysterious without my burbling over the top, but I hope it’s understandable enough.
The Treasury’s long-awaited review of the Private Finance Initiative has been released as part of today’s Autumn Statement. It contains some pretty damning findings – and some interesting proposals for the years ahead.
Firstly, it’s ditching the much-maligned name “PFI”. Instead, from now on we will have “PF2″. Get used to it. Here are some of the other interesting points in the report. Read more