This is a short article about the K-shaped economy, driven by persistently high inflation and exacerbated by the errant "One, Big Beautiful Bill".

Inspired by Mr Trump's false claims that he inherited the "worst economy ever", this article looks at administrations' economic performance.

There are many important issues in the US Presidential election, but none more so perhaps than immigration, inflation, and abortion.

Markets were jittery much of the week, with the rotation out of tech continuing in the US. US Treasuries were also under pressure.

Stocks rip and bonds rip. Small cap stocks did the best in the States while tech floundered. US CPI cooler than expected. UK growth better

The news narrative was dominated by elections in the UK and France, and the first Biden-Trump debate. Markets were lacklustre to close 1H24

It was another challenging week for both stocks and bonds, with the sell-off in equities gaining steam as tech stocks flounder.

Equities were mixed, UST yields were tighter across the curve. Politics garnered most attention this week, plus an ECB decision.

Russia's invasion of Ukraine moved front & centre, but once the invasion got underway, markets had what might be termed a relief rally.