John Butler
John Butler
activity christmas evidence housing period provides spending stronger
This provides confirmation that spending over the Christmas period was good, and sits with the evidence of stronger activity in the housing market.
corporate cycle profit warning
The profit warning cycle is not over yet. There is no stabilization for corporate earnings.
bank camps changes concerned england lack lay next report subtle tends thinks three
There are two camps at the Bank of England: one that thinks there is too much liquidity in the market, and the other is concerned about a lack of growth. The report tends to have subtle changes that lay the groundwork for the next three months. It's more about the message.