News

THE DANGERS OF BEING THE BEARER OF GOOD NEWS

This Article appeared in the Irish Examiner June 15th 2018 Last week I wrote a pretty upbeat piece on the Irish economy, with a strong focus on ongoing positive trends in two key components of the indigenous economy, namely Tourism and the Agri-Food sectors. Predictably, I got a negative response from certain quarters, with one […]

INTEREST RATE TRENDS

THIS BLOG FIRST APPEARED AS A BLOG FOR FRIENDS FIRST JUNE 15th 2018 The process of interest rate normalisation continues apace in the United States. On Wednesday night the US Federal Reserve Bank increased interest rates by 0.25%, taking the target range for the key Federal Funds Rate to 1.75% to 2%. This rate has […]

OPTIMISM OVER ECONOMY IS VERY REAL AND VERY POSITIVE

This article first appeared in Irish Examiner 8th June 2018 In the midst of some signs of an easing of Eurozone growth so far in 2018, it is interesting to observe that almost all data releases are providing a very upbeat assessment of what is happening in the Irish economy. In the midst of the […]

ITALY’S HUGE DEBT PUZZLE

This article appeared in Irish Examiner 1st June 2018 Following the momentous global political dislocation in 2016 that resulted in the election of Donald Trump and the UK vote to leave the EU, there was a lot of concern about the European political calendar coming into 2017. Elections were upcoming in the Netherlands, France, and […]

POLITICAL RISK FACTORS STARTING TO BE HIGHLIGHTED

THIS ARTICLE APPEARED IN IRISH EXAMINER MARCH 20th 2015 The exodus of Irish government ministers overseas for St Patrick’s Day has attracted the usual criticism from expected quarters. I saw one suggestion on social media that our Ministers are overseas enjoying themselves, spending our money. Figures have been bandied about in relation to how much […]

ECB ROTATION SYSTEM OF NO REAL RELEVANCE TO IRELAND

THIS ARTICLE APPEARED IN SUNDAY BUSINESS POST ONLINE AUGUST 14th 2014 The lack of understanding of some people regarding the implications of the decision we made to join the euro back in 1999 continues to astound. There was never any real understanding, amongst the political elites at least, about the implications for a very small […]