Skip to content
Close

You have entered the pages of Perspective (Midlands & Cheshire) Ltd. If you would like more information about which areas of Perspective's website contain regulated content and about these notifications, please click here. To return to Perspective Financial Group's pages, please click here.

The Cambridge Weekly – 6 June 2022

Rollercoaster for the Jubilee funfair

Party stalls went up and libations flowed for the Platinum Jubilee. But no fairground is complete without some thrilling rides. Over the last month, capital markets chipped in with a rollercoaster of their own: equity indices jumped in the first few days of May, only to sink frighteningly low mid-month. At times it felt like markets were in meltdown, with investors buffeted by fierce global economic headwinds.

Insight: Economics ‘the scarce science’

If you took an introductory Economics class today, the tutor would probably start by discussing some key terms. These would most likely include ‘utility’, ‘budget set’ or ‘indifference curves’. After giving their technical definitions, you might even be shown how to draw supply and demand curves and asked to find their ‘equilibrium’ point. There would still be a long way to go in your economics training, but this style of analysis would be repeated throughout most of it – growing ever-more sophisticated as extra terms or features are included. Curiously though, one word almost never gets a firm definition: “economics”.

 

Read the full commentary here

 

 

Back to News Archive

Registered in England and Wales No 7935927. Registered Office. Lancaster House, Ackhurst Business Park, Foxhole Road, Chorley Lancashire PR7 1NY.
Perspective (Midlands & Cheshire) Ltd is authorised and regulated by the Financial Conduct Authority.
Perspective (Midlands & Cheshire) Ltd is a subsidiary of Perspective Financial Group Ltd.
Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:
The Financial Ombudsman Service Exchange Tower,
London, E14 9SR
Tel: 0800 023 4567 or 0300 123 9 123
www.financial-ombudsman.org.uk

Delivered by