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Brexit: Automation Could Replace Many UK Jobs

As immigration declines, labour costs are set to rise. Companies could thus shut down, leave Britain or invest in more automation if they decide to stay in the UK

By John Richardson

THE BRITISH town of Slough has an unemployment …

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Global Economic Recovery To Weaken On End Of China Stimulus

By John Richardson

THE extent to which the global economic recovery has been dependent on China will become all-too apparent over the rest of this year, and into 2018, as China once again reduces lending. As UBS writes in a …

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Brexit, US-China Trade Talks: Time Is Running Out

By John Richardson

BY MARCH 2019, Britain needs to have successfully negotiated the terms of Brexit – and be certain that when the clock stops ticking the terms of the deal will work in practice.

And the task of hitting …

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US Economy Returns To Weak Growth On Demographics

By John Richardson

THE US is a deeply politically divided country to the point where the divisions are having a profound effect on consumer confidence. As the New York Times writes:

Among Republicans, the University of Michigan consumer expectations index …

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Global Deflation At Risk Of Returning On End Of China Commodities Bubble

By John Richardson

THIS time last year it was deflation that seemed to be the problem for the global economy. Despite many years of US Federal Reserve, European Central Bank (ECB) and Bank of England (BOE) etc. economic stimulus, consumer …

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Brexit Article 50: Into The Unknown As Political Risks Increase

By John Richardson

BRITAIN enters the unknown today with the triggering of Article 50, the beginning of the formal procedure for quitting the EU. The clock will start ticking on two years of negotiations when British ambassador to the EU, …

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Oil Prices: Speculation Reaches New High, As Do Risks For Real Economy

By John Richardson

HEDGE funds and other speculators had amassed a record amount of futures contracts of 885m barrels by 31 January, according to the Financial Times. These contracts were equivalent to almost nine days of actual, physical demand. And …

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Another Layer Of Trumponomics Risk: Equities Versus Real Economy

By John Richardson

THE TOP chart shows that global chemicals industry operating rates fell to just 78.3% in November, even though companies up down the industry’s value chain were building inventory ahead of expected New Year price rises.  This was …

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Trumponomics: 2017 Global Recession Now Almost Inevitable

By John Richardson

DONALD Trump is governing exactly the way he promised to govern by focusing on immigration and trade. Throughout the election campaign he never wavered on these two key promises to his electoral base, the people who were …

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Trump, China’s Geographic Realities And The Risks Ahead

By John Richardson

DONALD Trump doesn’t read that many books. But one book that he should read (assuming he hasn’t done already,and so apologies in advance if I am wrong) is Tim Marshall’s excellent Prisoners of Geography.

The chapter on …

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