What if the bond market is pricing in Reform, not Labour?

Government bond markets around the world are wobbling. The world is blaming government policies. But what if bonds are pricing in the next election?

How to escape the failure of the welfare state

All around the world, politicians are realising that they can’t afford welfare programs. But none have the courage to cut anything. So, what happens next?

All Eyes on an Irrelevant Fed

The Fed dominates headlines, but James Rickards argues its power is more illusion than reality. Real money creation happens in the banks, not at the Fed. And when U.S. rates fall, it’s not stimulus — it’s a recession warning. For UK investors, the lesson is clear: don’t watch the Fed’s theatre. Watch the markets that will shape your pension, your gilts, and your savings.