Despite a surge in new cases of coronavirus infections in Britain, the RSM UK Financial Conditions Index remains 0.1 standard deviations above neutral as investors focus on what is expected to be a strong economic rebound this year. We expect growth to expand at 4.2% this year and 7% next year. It ... READ MORE >
RSM U.K. Financial Conditions Index
RSM U.K. Financial Conditions Index: Adjusting expectations after double-dosed shocks
The news that Oxford/AstraZeneca has created a vaccine that is potentially 62% effective with two full doses and 90% effective if a person gets a half a dose followed by a full dose is a much-needed boost for a beleaguered U.K. economy. This will bolster U.K. financial conditions and economic prospects ... READ MORE >
Pricing in the end of the current British business cycle
The coronavirus has caused economies across to globe to adopt self-distancing as the de-facto public health policy to mitigate the spread of the disease. Nothing highlights the dangers of the virus and its spread more than the announcement that British Prime Minister Boris Johnson had tested positive for ... READ MORE >