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Chris Dillow

"Time to buy" euro stocks The possibility of economic recovery and cheap money could give a boost to eurozone stock markets ...

15 May 2013

Chris Dillow

About Chris Dillow

Incisive economic commentary plus thoughts on investor behaviour

Recent articles

  1. Against unemployment targets

    20 May 2013

    A US-style target for the unemployment rate would be a bad idea for the UK, because changes in the unemployment rate sometimes tell us little about the state of the economy or future inflation.

    Unemployment is as much a bureaucratic category as an economic one. It can fall without the economy improving, and rise without it worsening

  2. A silver lining

    A silver lining

    20 May 2013

    The low price of silver relative to gold points to share prices generally rising

    'Even controlling for the dividend yield, there's still a significant link between the gold-silver ratio and subsequent equity returns'

  3. Next week's economics: 20-24 May

    Next week's economics: 20-24 May

    17 May 2013

    Next week's numbers could show that the UK is growing, that the eurozone is still in recession, and shed some light on how serious the US's soft patch is

    'Consumer price inflation should be stuck around 2.8 per cent, suggesting that sterling's fall over the winter hasn't added much to inflation'

  4. The end of a golden age?

    The end of a golden age?

    14 May 2013

    Recent years have seen a golden age, in which the benefits of asset diversification have been large. This could change.

    'Correlations are not fixed parameters. They are products of economic and market conditions and so can change'

  5. The deleveraging puzzle

    The deleveraging puzzle

    13 May 2013

    Households have not yet paid down their debts. It's impossible to say if they ever will.

    There’s no point reducing your mortgage if it means being unable to pay your electricity bill.

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