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Latest Blog Posts
How High Can Bond Yields Go Before Something Breaks?
Bond yields continue to rise. US 10 year Treasuries are now close to 5%, UK 30 year gilts just under 6%. But, the real problem is what is causing yields to increase. Oil has gone back above $100. And diesel prices are hitting records in the US. Last week the US Treasury Secretary, Scott Bessent,…
The UK Economy Is Improving. Why Does It Feel Worse?
Real weekly pay in Britain has never been higher. It’s also just 5% above where it was in 2008 — eighteen years for a 5% pay rise. That gap is this entire video. Because the government are right that the UK grew faster than the rest of the G7 this year, and most people watching…
Why Diesel Is Breaking the Economy – A Refining Crisis
Last week, the price of diesel in the US hit $5.85 a gallon, beating the record of June 2022. This sharp rise in fuel price threatens everything from food prices to bond yields. Oil prices have risen this year, but at around $90 is not particularly remarkable. But, unlike 2008 when oil prices surged…
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Books by Tejvan Pettinger
An easy to read an overview of economics. ‘Cracking Economics’ gives explanations of main topics with images and diagrams to bring economics to life.
The book is aimed at anyone with a general interest in economics but would like a better understanding. Available in hardback at major bookshops and online. Read More
Economics without the Boring bits
An Enlightening Guide to the Dismal Science – published by Wellbeck.
It includes topics such as common economic fallacies, middlemen, recycling, debt, finance, trade, money, taxation and why some people get rich and others don’t.