David McWilliams takes a New York Uber to Harlem and assesses how lower wages are amplifying inequality and undermining the political status quo. Regardless of the outcome of the presidential election, the ramifications, he suggests, could be profound…

Main Street Vs Wall Street

A letter from Italy

As France approaches the final round of its pivotal presidential election, David McWilliams reports back from Paris with views on some of the key issues that are framing France's political debate. Although the most probable outcome, a victory for Macron, looks relatively benign for financial markets in the near term, David explains why populist alternatives are likely to remain a feature of the French political scene in the years ahead.

A view from France

David McWilliams explores the repeated warnings from history about financial asset price bubbles. From St Thomas Aquinas to Charles Kindleberger and Hyman Minsky, via Banarama and Sir Isaac Newton, he concludes that the most expensive four words of all are: “This time it’s different”...

Read more here: https://woodfordfunds.com/words/blog/seven-deadly-sins/

The Seven Deadly Sins

Hear what we have to say on the big issues affecting financial markets. The podcast version of our blog and insights.

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