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Chris Dillow

UK gets a pay rise Rising real wages will boost UK growth this year, economists say - but there are doubts about how much they will increase. ...

22 January 2015

Chris Dillow

About Chris Dillow

Incisive economic commentary plus thoughts on investor behaviour

Recent articles

  1. The productivity slowdown

    29 January 2015

    US labour productivity has slowed down. Unless this changes, shares might not rise very much.

    It is the high productivity growth rates of the post-1945 and 1995-2004 periods that were exceptional. Lower growth is the norm.

  2. Half-efficient markets

    29 January 2015

    Individual stocks can be reasonably priced relative to each other, even if the aggregate market is often mis-priced

    Stock markets are "macro inefficient" but "micro efficient"

  3. Next week's economics: 2-6 Feb

    29 January 2015

    Lower oil prices are starting to boost economics activity, next week's numbers could show

    US productivity growth has slowed down - which might be a sign of secular stagnation

  4. UK slowdown "only temporary"

    29 January 2015

    Lower oil prices could boost UK growth this year - but other forces might slow it down

    We find it hard to envisage a rate rise before 2017

  5. Masterful inactivity

    27 January 2015

    Investors should respond to stock market fluctuations - by doing nothing

    Once you've got a portfolio you feel comfortable with, there's a good case for sticking with it through thick and thin

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