Economics briefing 4 Aug 2016

Mindmap of HSBC economics briefing with Amanda Murphy, Head of UK Corporate Banking and Mark Berrisford-Smith, Head of Economics for HSBC UK Commercial Banking.

Economic briefing 27 Jul 16 HSBC

Mind map from HSBC economics briefing 27 Jul 2016.  Key point seems to be it is still too early to interpret the post Brexit economic indicators.

Economic briefing 20 Jul 16 HSBC

Mind map of notes from webcast.

Economic briefing 11 Jul 16 HSBC

Mind map of notes from web cast

Indexation and the importance between arithmetic and geometric means

Consumer - Uncategorised

Useful update on Eurozone problem

Bank ‘throws kitchen sink’ at credit problem - Telegraph

Cash and trade cycles

I'm a strong believer in trade cycles - what goes down must come up.  This article in Financial Management draws attention to the fact that increasing numbers of companies are sitting on piles of cash (well liquid assets on the overnight market anyway) and as soon as they have the confidence to spend it, the economy will be in for a steep take-off.

The big question is: when will that be?  The answer, especially with changes to the fundamentals like Euro problems, is not clear.  Economics works better with hindsight.