Articles: Banks %
June 30, 2014
This may seem like a distasteful question to pose on a Sunday morning, particularly if you are sitting across the kitchen table from someone you love, but I’ll ask it anyway: do you think divorces are good for the housing market? More
June 16, 2014
While you may have been watching the opening game of the World Cup on Thursday night, the Bank of England Governor, Mark Carney sent sterling surging towards a five-year high with his speech at the Mansion House in London. More
June 12, 2014
If you only look at one chart today to understand the story of Bank of Ireland, this is the one here. More
June 9, 2014
If you only have to look at one chart this week, let it be the one on this page (chart one). More
May 22, 2014
What better city for a football lover to be in this week than Madrid? I have always loved Spanish football commentary. Even though I haven’t a word of Spanish, I love the rapid-fire speech, the dramatic rolling Rs, the intensity and pace of the commentators and of course, the demented celebrations when a goal is scored. More
May 19, 2014
If you were worried about the Dublin property market entering bubble territory, then the government’s plans unveiled during the week, makes that bubble more, not less likely. More
May 1, 2014
In my 2007 book ‘The Generation Game’, I wrote “Anglo Irish bank is little more than an out-of-control hedge fund leveraging themselves and their clients into property”. The lawyers for the publishers insisted that the name Anglo be dropped, for fear of litigation. So the published sentence replaced the words Anglo Irish Bank with the more general “certain well-known Dublin banks”. More
April 14, 2014
My dad used to tell me about the numerous pawnbrokers in Dun Laoghaire, and how it was common for people to use them at the end of a week, or coming up to some big event, to get cash for clothes, jewellery or anything that could be used as collateral. If the person didn’t pay back the loan, the pawnshop sold the collateral. More
April 3, 2014
What is the true state of the housing market in Ireland and what does it mean for you? There’s a huge amount of hype, speculation and sales talk doing the rounds and in this cacophony and noise, it is hard to get a true picture. One way to look at the property market is through the eyes of two very different generations of Irish people. More
March 24, 2014
This week the diminutive Janet Yellen, by far and away the most powerful woman in the world, sent the macho and male-dominated financial markets into a hissy fit when she mused aloud that she may raise US interest rates early next year. More
I write two economics columns every week. They keep me sane and hopefully, on my toes – but you can be the judge of that! One appears in the Irish Independent on Wednesdays and the other in the Sunday Business Post every Sunday. I’ve been writing the columns for over ten years now, covering economic, financial, demographic, social and geo-political issues – and all sorts of other things that come into my head, sparked by things I’ve read, people I have spoken to or ideas I have heard, over the course of any particular week.
The world - and Ireland - is changing so rapidly that it’s impossible to run out of things to write about. Since I rarely stop writing, the articles are composed and written in the oddest of places, in bars, on trains, in my office, on buses. You name it, I’ve written in, on or under it.
One of the great joys in the week is reading the responses to my articles in the comments on this site. Thanks so much to everyone who responds, challenges, argues and even blatantly insults! This is what freedom of expression and opinion is all about: two contrasting opinions – a buyer and a seller - make a market and makes for good discussion. Imagine a world where we all agreed?