Inflation looks to be moderating but the rate increases keep coming. The Federal Reserve increased U.S. rates by 0.25% to a range of 4.5% – 4.75% while the European Central Banks and Bank of England raised by 0.5% to 2.5% and 4.0%, respectively. All still have base borrowing costs meaningfully below their present rates of…
Increasingly, we live in a world of stupidity. I was recently watching the TV (now, a rare event) and the first advert at the commercial break was for a food delivery app. You know the kind of thing; junk food at the press of a button brought by a kid on a moped. The following…
Join the Just Williams regulars as they react to the decision by the Federal Reserve to raise interest rates in the US by a quarter of a percent, and ponder the assumption (at the time of recording) that the Bank of England would follow suit. Duncan speculates on whether higher rates of inflation are now…
Remember last year, central banks were often using the word ‘transitory’? It’s not a word we hear, now. 2022 was the year when the sheer incompetence of modern day central banking became all too obvious. Having held the cost of money at close to zero for well over a decade, economic reality crashed through the…
Just Williams is back with a bang for 2023, as Duncan, Robert and John return all-guns-blazing with the usual expert analysis and pithy insight into the state of the investment market. They begin with a round-up of the current situation in the Stock Market, before turning to the ongoing situation in Ukraine and how that…
According to the Organisation for Economic Co-operation and Development (OECD), the world will face a ‘significant growth slowdown next year but will avoid a global recession’. We suspect this will prove as accurate as most OECD forecasts, which is not very accurate at all. It is our belief that it is close to impossible for…
It’s the Christmas Episode of the Just Williams podcast, and Duncan, Robert and John are channelling their inner Ebenezer as they are visited by the respective ghosts of the financial past, present and future. This whistle-stop flight takes you through the historic decisions of global financial institutions that have been responsible for getting us to…
Reversion to reality continues. Last month, the US Federal Reserve, the European Central Bank and the Bank of England all raised rates by 0.75%. After more than a decade of nonsense, all are now perfectly synchronised. Is this because it is so obviously the right thing to do or are the latter two so inept…
I’ve always thought the word ‘crypto’ should have the letter ‘a’, somewhere and that Bitcoin should begin with a ‘sh’ sound. I’ve been asked many times what I thought about cryptocurrencies and at first, I said that I didn’t understand them. Now, after reading reams and listening to crypto experts, I can confidently say that…
As we edge closer to the start of December, here is the new episode of the Just Williams podcast, peeking out like a seasonal treat behind the first window of your advent calendar. And what could be more festive than partners Duncan, Robert and John discussing the best measure of inflation, how global monetary policy…