Monday, June 26, 2023

Forbes.com : Gold Prices Set To Slide As Much As $120, Expert Says.

By SIMON CONSTABLE

Gold prices are set to drop as low as $1,800 a troy ounce as investors see potential for economic strength and bullion investors back off.

Our expectation is that it will be weak for the next few months and strength at the end of the year, says Jeff Christian, managing partner of commodities consulting company CPM Group in a recent video. He sees a likely fall to $1,800 over the near future, but it is possible that it goes down further to $1,800. Read more here.


Szaaman, Public domain, via Wikimedia Commons



Forbes.com : Many To Blame For Forthcoming UK Economic Crisis. NIMBYism Included

By SIMON CONSTABLE

The Bank of England’s (BoE) war on Britain's stubborn inflation is likely to crush the country’s economy in ways that many people aren’t recognizing.  

If that comes to fruition, it won’t solely be the fault of the people at the BoE who decide the monetary policy. The problem comes down to decades of absurd housing policy and the overly cautious banking industry. Here’s where we are now and how we got here. Read more here.


 

Andrew Bailey, Governor of the Bank fo England 
UK GovernmentOGL 3, via Wikimedia Commons


Thursday, June 22, 2023

Korn Ferry: The Caution Flag is Out

By SIMON CONSTABLE

The numbers couldn't be better. By all accounts, and according to recent data, Britain's economy is growing at a surprisingly brisk pace. But you might not know that from how firms here are acting. Read more here.


Korn Ferry: Return to Office—the UK Version

By SIMON CONSTABLE 

It’s called a “five days a week” policy—as in the firm asking employees to come in all week long. But stubbornly, it’s become a policy that’s far from universal.

Despite a recent uptick in people coming into the office—with more firms requiring it—many British companies are still struggling with return-to-office plans. According to the most recent data from Remit Consulting, office occupancy hit its highest level in two years, but still remains at only about 35%, meaning that about half of employees are coming into offices. (UK offices were at an estimated 80%-occupancy level prior to the pandemic.) Read more here.


King of HeartsCC BY-SA 4.0, via Wikimedia Commons

#France: Paradise with sunshine days in the 80s and cooling thunderstorm nights, bringing in the hay crop, awaiting wheat, sunflowers and the vineyards. @BatchelorShow Occitane

 By SIMON CONSTABLE

Listen here.


Thomas Bresson from Belfort, France, 
CC BY 2.0, 

Monday, June 12, 2023

Suddenly California Now Loves The Press. 3 Years Ago They Hurt It

 By SIMON CONSTABLE

Will the real California Assembly please stand up!

In the space of just a few years, California’s Democrat-heavy lawmakers have switched from introducing measures that hurt journalism and journalists to now wanting to help them. Read more here.