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FOMC Preview

The consensus is the FOMC will cut the Fed Funds rate 25 bps to a range of 1.75% to 2.0% at the meeting this week.  A 50 bps cut is not impossible, but seems unlikely at this meeting. A key will be if the FOMC signals another rate cut in October.  The hints could be […]

Tax

A Tory and Labour wipe out in Scotland?

This is an analysis of today’s Observer poll from Opinium via Flavible.com: I do not trust many polls, and Opinium seems to produce much stronger Tory results than most right now. There is one thing to note though: look at Scotland. Not a single Tory or Labour seat. I stress, I am not convinced, but that is […]