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Saltmarsh Economics

Focus on macroeconomics (BoE/ECB policy, inflation, rates) and Climate Change (emissions, net zero, asset allocation)

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Latest Issues

The underperforming Greater Manchester economy

It has become commonplace to talk about a near renaissance of the Greater Manchester economy. This is certainly true if one looks at regional growth rates in labour productivity (see here for one of our posts on the subject) - even taking a...

12 days ago
5

Throwing the system out of whack

Shout-out to the excellent for quoting us and the SECI (Saltmarsh Economics Climate Index) in the FT last week see here, in his article focused on markets not pricing in the risks from climate change - one of our key themes here at Saltmar...

14 days ago
9

Scott Bessent's knife-edge problem

Views From the Marsh - David Owen

One of our long running themes is that US Treasury Secretary Scott Bessent has something of a knife-edge problem, needing to fund two very large deficits, much of it courtesy of significant foreign buying...

19 days ago
1
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Food security, climate change and the BoE

Views From the Marsh - David Owen

There was no surprise in the BoE holding the Bank Rate at 3.75% last week; nor the fact that Catherine L. Mann joined Chief Economist Huw Pill and Megan Greene in voting for a 25bp rise, or that the majori...

24 days ago
2
Paid

Europe's climate–sovereign–bank spiral

As we highlighted in our latest quarterly (get in touch if you would like to receive a copy), as Europe experiences hotter temperatures and oscillating periods of droughts and extreme rainfall, one consequence is likely to be higher food pr...

a month ago
6

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