Just like the ’80s, only different

Leg warmers, Hall & Oates, mullets, Spandau Ballet, big hair, Bonnie Tyler, trickle down economics, overalls, shoulder pads and Charlie – my God! – Charlie Haughey. The 1980s are everywhere at the moment. More than anything, this was the week of the Ford Granada,...

Ten global market calls for 2014

Today, as there will be lots of commentary on Ireland, let’s go large, gain altitude and look at the broad global economic canvas, to see what is likely to happen in 2014. Making forecasts is risky business, but so too is life – and as return is the...

Growth focus is mending US while austerity stalls Europe

WHOEVER has won the US election, he will be reasonably assured that he will preside over an economy that is on the mend. Last weekend I spoke to someone who knows Obama well and is a big Democratic fundraiser in California. His assessment is that Obama knows that the...

Waking up to reality

“When faced with the choice between changing one’s mind and proving that there is no need to do so, almost everyone gets busy on the proof.” This brilliant quote from economist JK Galbraith just about sums up why individuals and organisations tend to...