Monday, September 23, 2019

Korn Ferry: Is Brexit Really One Month Away?

By SIMON CONSTABLE
With just weeks to go before the country's scheduled Brexit 'leave date' of October 31, even the British government has the jitters about the potential for economic chaos.
Cabinet ministers recently revealed part of the disaster plan if the UK exits the EU without a trade deal. The report, named Yellowhammer, warns about supply disruptions in medicine and food, as well as long border delays for commercial trucks. There's also the potential for civil unrest. Read more here.

Forbes: Trump's Tweets Shows How The Fed Lost Its Credibility With Investors

By SIMON CONSTABLE

Observers have long suspected that President Donald Trump's jawboning of the Federal Reserve may hurt the central bank's credibility with investors.

Now they have proof in the form of a recent study from the National Bureau of Economic Research. Read more here.

Forbes: The Eurozone Economy Slips Even Further Into Malaise

By SIMON CONSTABLE

Europe's single currency area is sinking further into economic malaise and the authorities will likely need to act further to help. Read more here.

Wednesday, September 18, 2019

TheStreet: Why Europe Will Feel More Pain From the Oil Market Than the U.S.


TheStreet: 3 Reasons Investors Should Avoid European Stocks as Oil Prices Rise

By SIMON CONSTABLE

This week's jump in oil prices is likely to be far more damaging to Europe than it will be to the U.S.

For that reason, savvy investors would do well to avoid stocks dependent on activity in Europe and instead look elsewhere for investments. Read more here.

Tuesday, September 10, 2019

Korn Ferry: UK Pay: It's Back to 2007

By SIMON CONSTABLE 

It only took twelve years.

Inflation-adjusted wages in the United Kingdom are finally back to the level they were just before the financial crisis of 2007-2009. Raises are even exceeding the rising cost of living, with average pay increasing at a 3.9% annual clip versus the 2.1% inflation rate. "It's about time, too," says Ben Frost, Korn Ferry's global manager for pay. Read more here.