All this breakneck growth has to go somewhere
I am trying my hardest not to sound wonkish writing this blog, but the difference between real and nominal growth…
European governments will have to spend to accommodate inflation
It appears that we are staring down the barrel of a gun with regards to energy driven inflation in Europe this winter. We talked back in May 2021 about the potential for kinked supply curves to emerge whereby beyond a particular level of supply constraint, the price goes parabolic….
Winter is coming
Abhayjeet Singh Bal, credit analyst in Pemier Miton’s fixed income team, explains why they remain underweight in Europe as a result of continuing concerns about the impact of the energy crisis on European companies.
