Alan Wheatley


Covid, money growth and the renewed spectre of inflation

Covid, money growth and the renewed spectre of inflation

Pandemics throughout history have triggered radical change, forcing societies to break with past practices. Notably, the Black Death in 1348 quickened the end of feudalism. Many think Covid-19 may herald an age of greater equality, social security and state activism. Could it also usher in the return of inflation? On …

Continue reading

Global economy needs a coronavirus vaccine – fast

Global economy needs a coronavirus vaccine – fast

(ATF) China is recovering smartly from the slump induced by Covid-19, but there will be no repeat of its single-handed global rescue act following the 2008-09 financial crisis. Indeed, with the pandemic still raging in many countries, the outlook for the world economy remains a lot gloomier than buoyant stock …

Continue reading

In America we trust – for now, sort of…

In America we trust – for now, sort of…

(ATF) From Huawei to the power of their currencies, the battle for global supremacy between the US and China boils down to a battle for global trust. America is winning the contest for now but cannot be assured of keeping its lead.With positions hardening in both Washington and Beijing, it …

Continue reading

As globalisation frays, Asia frets

As globalisation frays, Asia frets 

(ATF) Hopes are rising that the global economy is over the worst of Covid-19, but fresh headwinds to trade and investment are mounting that make it rash for financial markets to bet on a smooth V-shaped recovery.As governments in advanced economies respond to the pandemic by pledging greater self-sufficiency in …

Continue reading