John Rapley

Over the weekend, Moody’s downgraded French government bonds from Aa2 to Aa3, after the agency expressed doubts that the incoming government of Francois Bayrou could get a handle on the country’s deficit. To which investors in bond markets will probably respond: tell us what we don’t know. Although European Union rules require France to bring [...]Read More...

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It wasn’t exactly the Christmas cheer Rachel Reeves had been hoping for. On Monday, the Office for National Statistics reported that the UK economy failed to grow in the third quarter, a reduction from the original estimate of modest expansion. And with the October figure on GDP growth now coming in at slightly less than [...]Read More...

Chairman Jerome Powell said the U.S. Federal Reserve could henceforth be ‘more cautious in reducing rates.’ This has a profound impact on Canada

China's economy has become something of a Rorschach test. The 5% growth target for 2024 that Xi Jinping yesterday said the country had met?

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Don't make promises you can't keep. Worse, when it becomes apparent you can't keep them, don't double down on them because nobody will believe you.

When assessing his economic legacy, Trudeau probably deserves a little slack – it wasn’t much worse than that of just about any other western leader

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Over the weekend, the new First Family joined the crypto goldrush with the $TRUMP memecoin launch. In its first 36 hours of trading, the coin’s value rose 28,000%. Had you invested in the US stock market a half-century ago, you’d have still made less than you would have overnight on a collection of digits with [...]Read More...