Recession, Inflation & Economic Realities: What Jamie Dimon’s Warning Means For The UK & Beyond
Jamie Dimon, chief executive of JP Morgan, said the early 2020s were shaping up to be “the most dangerous time the world has seen in decades”. Dimon cited geopolitical tensions, extremely high government debt levels and the unknown longer-term consequences of quantitative tightening in reducing liquidity. Dimon warned “The war in Ukraine compounded by last […]
Is A Recession Coming?
Currency Exchange Rates Update As we start the last week of the month, shortened by the UK Summer Bank Holiday. August has been far from quiet in the currency markets. Against the Euro, the Pound sank on the 11th of August to trade at its lowest level since May. It then gained nearly 2% in […]
The Value Of The Pound Against Its Main Competitors
It’s been a nervy start to 2023 for the Pound Sterling. In the first fortnight of the year, the Pound rose by 1.3% against the Euro. In the first 9 days of the year before falling right back to where it started. Against the US Dollar, the Pound has fared better. In the first 5 […]