Chris Dillow

The US dollar will not quickly lose its reserve currency status.

The money stock is booming in the UK, US and eurozone. This is probably not very inflationary.

Next week's figures will show a global economic recovery, but also rising unemployment in the UK.

Equities have done badly for decades, relative to bonds

More informed investors do not necessarily make better decisions.

Even with interest rates near zero, monetary policy can do a lot to support the economy

Next week's numbers will show that the world economy is recovering, but is still some way from pre-lockdown levels

This year has been a tough one for active fund managers – there are reasons for this

Higher borrowing costs would not be a problem for the public finances. A weak economy, however, would be

The gilt market is pricing in low yields for years to come. But the market is a poor predictor

Next week will bring news of huge falls in GDP in the US and eurozone, but also evidence of recovery