Archive
Browse market commentary, macro analysis, and student-led reporting.
Andy Burnham spent a decade fighting Westminster from the outside. Now he runs it, and his Greater Manchester record, not his rhetoric, is the best guide to what a Burnham government will actually do.
BurnhamLabourWestminsterParliament
Josh Dolan14 min read
Read ArticleMacro20 Jul 2026
Machine learning can spot economic shifts weeks before official statistics catch up, but its black-box reasoning means the most reliable forecasts still come from economists working alongside AI, not being replaced by it.
Artificial IntelligenceMachine LearningEconomic ForecastingHysteresis
Meghana Sivapuram5 min read
Read ArticleNew Fed chair Kevin Warsh was expected to bring a dovish, rate-cutting sensibility to the central bank. Instead, his first meeting delivered the most hawkish surprise markets have seen in years, with traders now pricing in the Fed's first hike since 2023.
Federal ReserveInflationMonetary PolicyKevin WarshInterest Rates
Sonal Weerasekera7 min read
Read ArticleWith the old black box monopolies breaking apart, private capital has emerged to underwrite the next era of European warfare.
Manasvi Kommuri8 min read
Read ArticleMacro17 Jul 2026
Argentina's disinflation looks like a policy triumph on paper, but the currency framework enabling it may be quietly rebuilding the fragility it was designed to end.
Daya Kaur Kalher5 min read
Read ArticleMarketsGlobal Healthcare16 Jul 2026
A $200 million upfront payment, with milestones potentially taking the deal's total value to $1.9 billion, gives AstraZeneca exclusive rights to develop and commercialise an experimental COPD treatment outside China. More importantly, it highlights a broader shift in how Big Pharma is sourcing innovation.
AstraZenecaPharmaceuticalsBiotechChinaCOPD
Abdul Wasey Bhatti4 min read
Read ArticlePrivate Equity16 Jul 2026
EQT needed four bids to take Intertek private, and the sequence reveals less about price than about who now sets the value of a FTSE 100 company, and why London keeps losing profitable firms to private buyers.
Mergers and AcquisitionsFTSE 100UK EquitiesEQT
Abir Ghosh Biswas6 min read
Read ArticleMacro15 Jul 2026
China's factories are shipping more than they have in years, driven by an AI-fuelled tech boom. Yet second-quarter growth still slowed to 4.3%, its weakest in decades outside the pandemic, a reminder that strong exports don't always mean a strong economy.
Raghu Kohli6 min read
Read ArticleGlobal PE fundraising is rising but the number of funds closing is collapsing. The industry is not recovering. It is concentrating, and the zombie firm data suggests the structural shift is already irreversible for much of the market.
Private EquityFundraisingZombie FirmsIPOPublic Markets
Alexander Eklund7 min read
Read ArticleMarkets15 Jul 2026
South Korea's shipping cartel ran for 15 years across three major trade routes. The case is a textbook study in how cartels form, how they enforce discipline, and why concentrated industries make collusion so hard to prevent.
ShippingCartelsSouth KoreaAntitrustOligopoly
Jay Patel9 min read
Read ArticlePrivate Equity13 Jul 2026
Apollo has gatecrashed Castlelake's hard-won takeover of easyJet with a higher offer backed by the airline's board, setting up a bidding war over one of Europe's best-known low-cost carriers just months after a bruising first half of the year.
ApolloCastlelakeeasyJetAirlinesMergers and Acquisitions
Sonal Weerasekera7 min read
Read ArticleMacro10 Jul 2026
The Iran war sent oil prices soaring and hit every major economy at once, yet the Fed, the Bank of England, and the European Central Bank all responded differently. The divergence turned not on the shock itself but on each bank's headroom, growth outlook, and framework for interpreting supply-driven inflation.
InflationFederal ReserveBank of EnglandEuropean Central Bank
Kaveesha Maddala4 min read
Read Article