MoneyWeek

Value investors should remember that in the short term there is no difference between being early and being wrong, as investment strategist James Montier of GMO told us last month. That reminded me that MoneyWeek was painfully early when it highlight

It has been three years since Pfizer and BioNTech announced they had developed a vaccine for Covid, sending global markets soaring, says Russ Mould of AJ Bell. Since then, the pair have received “precious little gratitude” from investors, with their

“All the worst things about the 1970s seem to be coming back,” says Toby Nangle in the Financial Times. “Inflation. Strikes... silly flared trousers” and steep losses in bond markets. Indeed, at first glance the 15% slide that holders of the benchmar

After “30 years of false dawns”, Japan is finally back in fashion among global fund managers, says Leo Lewis in the Financial Times. Thank Warren Buffett. In late 2019 Tokyo’s stocks were in the doldrums; global investors had sold “an unprecedented $

“This week Rishi Sunak is mainly defying the Tory right,” says Robert Shrimsley in the Financial Times. His “recent political strategies have had the lifespan of a mayfly but, with his latest reshuffle” he appears to have concluded there is “no point

Thanksgiving prevails: Members of the House of Representatives, where the Republican Party has a slim majority, have approved a Republican plan to continue funding federal agencies until early next year, says Katy Stech Ferek in The Wall Street Journ

A report compiled by economists at the Resolution Foundation, published this week, has laid out the extent to which Britain’s “millennial” generation (defined here as people born between 1980 and 2000) are worse off than previous cohorts were at the

conversableeconomist.com China’s evolving population structure is “a story of how demographic changes can echo for decades”, with huge implications for the economy and society, says Timothy Taylor. In the 1950s and ’60s, the fertility rate in China

Over the past 15 years, the infrastructure sector has boomed. It provided capital first for public-sector projects in the UK such as schools, roads and hospitals, then for such projects overseas, and subsequently for private-sector projects that came

We’re constantly being told about the UK’s industrial decline. Britain’s manufacturing base constitutes just 18% of UK GDP, according to the Statista database. Coal mining, shipbuilding, steelworks, foundries… they’ve all either shrunk dramatically o

When it comes to railway fiascos, massive overspending and costs spiralling out of control, we tend to think instantly of HS2. But arguably the bigger fiasco is our national inability to electrify our existing rail network properly. Only 38% of our r

Winter has arrived. So as your heating comes on, it’s time to think about your energy bills. After the eye-watering bills of last winter, is now the time to fix – or should you focus on cutting your energy use to reduce your payments? When the energy

Small businesses struggling to navigate the UK’s apprenticeship system are failing to hire trainees. The Department for Education reveals that the number of apprenticeship starts at organisations outside the Apprenticeship Levy regime – at the UK’s s

For an industry supposedly “devoted to facilitating love and partnership”, the history of the matchmaking sector is full of “strife and division”, says the Financial Times. One woman hoping to change that, or at least turn it to her advantage, is Lid

San Pedro de Atacama is “an oasis amid the Atacama Desert of northern Chile”, says Mark Johanson for Bloomberg Pursuits. Here, visitors will find “glittering salt flats, sky-poking volcanoes, teal lagoons painted pink with flamingos” and the resort t

Adams Cottage, Plaistow, West Sussex. A period property set in large gardens with a separate workshop with an office above, and a timber-clad studio annexe. It has beamed ceilings, an inglenook fireplace and a breakfast kitchen with an Aga. 4 beds, 2

The Rise and Fall of a New Tycoon Michael Lewis Allen Lane, £25 In Timon of Athens by Shakespeare, a seemingly rich person lavishes gifts on all and sundry until it turns out that he has being doing so with borrowed money. Unable to get any more cred

The Danish expert who erred on this week’s deal will have been kicking himself. Dealer South East-West vulnerable * Marginal given the lack of a third Trump, although vulnerable Two-Level overcalls tend to contain six cards. Perhaps a (take-out) doub

As we predicted, WeWork didn’t work. “Former high-flying startup WeWork filed for bankruptcy” last week, “listing nearly $19bn dollar of debts, a fresh low for the co-working company that struggled to recover from the pandemic,” reports Bloomberg. Th

It has become as much a part of the festive season as trees, turkey and family arguments. Led by John Lewis, companies started producing landmark Christmas advertisements, to be released every November. As much a mini-motion picture as anything else,