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Book of the Month                               

This month we are recommending "The Cul-de- Sac Syndrome: Turning Around the Unsustainable American Dream".
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Financial Market News

Global Economic News from the Financial Times

  1. Trump closes in on landmark US tax reform
    Rubio and Corker back bill after move to win over wavering Republican lawmakers
  2. Philip Hammond opens London forex markets to China banks
    Initiative part of chancellor’s trip to Beijing to build trade relationship
  3. UK households under most financial strain in 5 years
    Proportion with high levels of mortgage debt compared with income has increased
  4. Ireland’s outsized economic growth skewed by multinationals
  5. US industrial production growth hits the brakes in November
  6. Banking union v fiscal union, part 2
    Europe’s bank reforms are the most promising way forward for the euro
  7. Daily briefing: Republicans taxed over bill, EU allows Brexit phase 2, Banksy in Bethlehem
    Two Republican senators’ reluctance to support the tax bill could spell its defeat
  8. Russia surprises with half-point interest rate cut
  9. Eurozone goods trade surplus narrows in October from previous year
  10. Charts of the Year: Risk assets running into trouble?