Well I for one am relieved we had the ECB today else this snapshot would be pretty thin reading. On the face of it all was in line with expectations: Inflation projections revised up substantially, QE to end on 1st July, rates to rise 25bps in July and again in September (potentially a larger hike […]
“How long can this go on?” chimed one particularly disgruntled client as markets were on the whole steady and interest waned. Sideways markets in a tight range are painful for lots of people (especially sales-traders!) but may be a welcome respite to some having tumbled so aggressively in the first quarter. An FT Article from […]
With the Tube strikes still affecting the London commuter scene and the sun shining I decided to cycle in. Legs a bit sore I hopped on one of these fancy electric bikes that scatter the streets and headed into town. Everything was smooth till I tried to park it with the GPS playing up it […]
So you know we love a word of the day here and there could be none more appropriate after the weekend than Clinomania – the excessive desire to remain in bed. A four day spectacular in the UK (if you weren’t one of the estimated one billion people to see it this was the highlight […]
Pinch, punch, first day of the month, and no returns… White rabbits! Oft playfully sung across playgrounds and muttered by some as they wake up on the first day of a month, the origins aren’t that clear. Some claim Pres. George Washington would meet with Indian tribes on the first day of the month and […]
Writers block – in which an author is either unable to produce new work or experiences a creative slowdown. Not much catching my eye today so we’ll put it down to a creative slowdown and it feels apt as we head into June. The end of month flurry that I promised you was….erm….not there and […]
A holiday interrupted week kicked off today with Memorial Day in the U.S. whilst we have a two day Jubilee bank holiday at the end of the Week in the UK. Add in School half terms and it feels like any business to be done will largely be complete by the end of play tomorrow. […]
Well that’s one way to distract the masses from Partygate isn’t it? Dishy Rishi out with a neat little party trick of his own at lunchtime as he announced a cost of living package worth £15bn with £9bn targeted at the poorest third of UK households. A combination of higher winter fuel payments, payments to […]
A quick look back on a quiet day to this time two years ago. The (sadly temporary) Redburn Manchester office disbanded and moved back down south as my mum recovered from her week in a Covid induced coma. The Snapshot – still in its infancy – talking of Astrazeneca working on a vaccine and lockdowns […]
Little Fires Everywhere not just Mrs Q’s favourite book of the last few years from bookclub (where at least 3 mins of each meeting is dedicated to discussing the book) but also a great article by Mohamed El Erian last week looking at just what was going on in the world. A series of Rumsfeld-esque […]