Trimmed Means

John Llewellyn, Saul Eslake

Llewellyn Consulting
July 19, 2021

The ‘Core’ measure of US inflation has risen misleadingly: it seems unlikely virulently to ‘infect’ other prices.

Macro series – Trimmed Means – July 2021

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October 29, 2021

Key Developments & Chart of the week

Dear Colleague, The attached Key Developments contains our Chart of the Week and the key data and other information from this week that, in our judgement, bear most importantly on the core elements of our World View....

By Preston Llewellyn

Llewellyn Consulting

<img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src="https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png" />

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October 22, 2021

Key Developments & Chart of the week

Dear Colleague, The attached Key Developments contains our Chart of the Week and the key data and other information from this week that, in our judgement, bear most importantly on the core elements of our World View....

By Preston Llewellyn

Llewellyn Consulting

<img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src="https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png" />

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October 21, 2021

Focus – China’s continuing growth slowdown

China’s era of rapid economic growth dated from 1979 until about a decade ago. Main drivers were: rapid growth in the working-age population; increased participation; employment; longer working hours; and rapid productivity growth. However, over the past decade all...

By Saul Eslake

Llewellyn Consulting

<img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src="https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png" />

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October 13, 2021

Global GHG reduction – an uncoordinated muddle and mess

Global Letter Dear Colleague, COP26 in November faces an impossibly wide spread of national interests to corral into a unified global programme. It has been set up for failure by the clash between ambition and reality on climate change...

By Jeremy Greenstock

Llewellyn Consulting

<img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img data-src='https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png' class='lazyload' src='data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==' /><noscript><img src="https://speevr.com/wp-content/uploads/2020/01/logos-large.005-e1580836886706.png" />

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October 7, 2021

Global Letter – Investment requirements for a 2C world

Dear Colleague, Of the many issues that will be discussed in connection with the forthcoming COP26 meeting, one that need not be is the investment cost of switching to a green economy. The requisite resources will be available: though...

By John Llewellyn, Silja Sepping

Llewellyn Consulting