Opinion

The economist John Kay in his book Obliquity relates the famous essay by Isaiah Berlin about the hedgehog and the fox in the context of financial markets.

IT PAYS TO BE A 'FUNCTIONAL PSYCHOPATH'

One of the most striking aspects of the ‘muted' economic recovery in the Anglo-Saxon world is the mismatch between beleaguered consumers, embattled governments and resurgent corporates.

With stronger than expected inflation readings in the eurozone, China and the US this month and the UK continuing to dramatically overshoot its inflation target, investors should be looking to protect their portfolios from the consequences of continued...

In March China published its 12th five-year plan. The word ‘plan' has been adjusted to take into account the growing role of the private sector in economic growth.

Of all the BRIC countries, the one I find most interesting from an investment perspective is India, and yet it seems to get the least amount of attention, despite a growing number of excellent funds in the country.

The eurozone was a crowning achievement for many Brussels europhiles, of which they no doubt felt intense pride. As history shows again and again, it came before a fall.

The reaction of the major financial markets to the death of Osama Bin Laden shows the disparity between those who look forward and those who look back.

CHALLENGES IN CHINA

The True Finns party has just won a stronger position in Finnish politics. This has a wider significance, because their platform includes refusing to join in any EU-wide bailout of Portugal.