Chris Dillow

Households' cash balances are now falling in real terms. This points to lacklustre economic growth.

Even if crypto-currencies are fairly priced, they offer only moderate risk-adjusted returns.

Next week might bring news of better UK growth than in March, although it remains only moderate.

Even if the May Day indicator no longer works, there are still reasons to be wary of equities in coming months.

Next week's numbers could show a slowdown in global economic growth, consistent with the idea that trend growth has fallen since the financial crisis

In life, it's a good idea to look for small chances of big gains. In investing, however, it is not.

If more money means more inflation, crypto-currencies such as Bitcoin would be inflationary. But they are not.

We cannot tell for sure what information is in the price and what isn't, but indicators of investor sentiment can help us.

Stagnant productivity might continue to hold real wage growth down. This means more trouble for retailers

Next week's numbers could show that inflation is falling – but so too are retail sales

A rise in Bank rate next month might do more damage than usual

National stock markets tend to fall together. This does not, however, mean that international diversification is useless