Nick Parsons

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Nick Parsons

Nick Parsons

@NickParsonsSMS

Simply Macro Strategy - founded by a 30+ year City veteran - provides bespoke research on investment issues; global, local, financial and political

Katılım Temmuz 2017
311 Takip Edilen162 Takipçiler
Nick Parsons
Nick Parsons@NickParsonsSMS·
Once again, I am delighted to appear on the Indian TV station ETNow to discuss market movements and developments across asset classes. I was arguing early this morning European time in favour of another down day for stocks and bonds as investors become increasingly nervous ahead of the expiry of President Trump's 5-day pause in hostilities in Iran. With markets becoming increasingly correlated, it is hard to find hedges or safe-havens but I believe the repricing of short-dated government bonds offers some relative safety in these nervous times. etnownews.com/videos/wall-st… @ETNOWlive
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Nick Parsons
Nick Parsons@NickParsonsSMS·
@spectator At the risk of pedantry, prices most certainly did not rise by 3 per cent last month. They rose +0.4% which left the price level 3.0% higher than the same month a year ago. As a Spectator subscriber, I really do expect better from you than falling into this common trap...
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The Spectator
The Spectator@spectator·
Prices rose by 3 per cent last month – the same rate as the month before. Figures just released by the Office for National Statistics (ONS) show that – ironically – falling petrol costs were one of the main things keeping the Consumer Prices Index (CPI) from climbing. This data was, of course, collected before the latest conflict in the Middle East – and we can soon expect the numbers to start heading in the wrong direction. ✍️ Michael Simmons Article | spectator.com/article/inflat…
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Nick Parsons
Nick Parsons@NickParsonsSMS·
It was my very great pleasure to appear this evening on a panel discussion on the Indian TV station ETNow to discuss global markets and President Trump's announcement of a 5-day 'ceasefire'. My argument is that the markets forced this statement from Trump as there was significant cross-asset liquidation at the start of this last week of Q1 2026 etnownews.com/videos/trumprs… @ETNOWlive
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Nick Parsons
Nick Parsons@NickParsonsSMS·
@afneil And we now face the shameful embarrassment of French naval vessels being sent to protect a British airforce base in Cyprus
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Nick Parsons
Nick Parsons@NickParsonsSMS·
@EdConwaySky If only the UK had huge proven reserves of oil which we could use 🤔
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Ed Conway
Ed Conway@EdConwaySky·
UNPRECEDENTED The near 100% rise in UK wholesale gas prices in the past 48 hours is now the biggest two-day rise since comparable records began in the 1990s. Bigger even than any two-day period in the early days of the Ukraine war...
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Nick Parsons
Nick Parsons@NickParsonsSMS·
Commentators like Fraser Nelson and others have taken recently to quoting the fall in net migration in very approving terms without acknowledging the rise in people leaving the UK. I have a Masters-educated daughter who now lives in the Caribbean and a son about to complete his Masters degree who sees no future in being in the UK... And we're talking Law and Computer Studies, respectively, not some degree in cake-making and Emmerdale Farm at the University of North Norfolk...
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Nick Parsons
Nick Parsons@NickParsonsSMS·
Commentators like your colleague Fraser Nelson have taken recently to quoting the fall in net migration in very approving terms without acknowledging the rise in people leaving the UK. I have a Masters-educated daughter who now lives in the Caribbean and a son about to complete his Masters degree who sees no future in being in the UK... And we're talking Law and Computer Studies, respectively, not some degree in cake-making and Emmerdale Farm at the University of North Norfolk...
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Steven Swinford
Steven Swinford@Steven_Swinford·
The Office for Budget Responsibility has cut net migration forecasts but that is entirely due to growing numbers of British people leaving the country It says net migration levels will be 60,000 a year lower than previously forecast. 'This is driven entirely by a more negative assumption for net migration by British nationals It says that as a result by 2030 the adult population will be 200,000 lower than forecast in November
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Nick Parsons
Nick Parsons@NickParsonsSMS·
Commentators like Fraser Nelson have taken recently to quoting the fall in net migration in very approving terms without acknowledging the rise in people leaving the UK. I have a Masters-educated daughter who now lives in the Caribbean and a son about to complete his Masters degree who sees no future in being in the UK... And we're talking Law and Computer Studies, respectively, not some degree in cake-making and Emmerdale Farm at the University of North Norfolk... @FraserNelson
Steven Swinford@Steven_Swinford

The Office for Budget Responsibility has cut net migration forecasts but that is entirely due to growing numbers of British people leaving the country It says net migration levels will be 60,000 a year lower than previously forecast. 'This is driven entirely by a more negative assumption for net migration by British nationals It says that as a result by 2030 the adult population will be 200,000 lower than forecast in November

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Sky News
Sky News@SkyNews·
"She's dealing with things that are quite simply beyond her control." Sky's @BethRigby previews what to expect from Rachel Reeves' spring forecast, which comes amid a backdrop of conflict in the Middle East. trib.al/rbeWjuE 📺 Sky 501, Virgin 602, Freeview 233
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Nick Parsons
Nick Parsons@NickParsonsSMS·
If the definition of excellence is something with which I totally concur, then this analysis is indeed excellent 👏👏👏👏
David Wolfson@DXW_KC

I disagree with Lord Hermer KC, the Attorney General. I don’t accept that international law requires our Prime Minister to deliver a pusillanimous statement setting out the UK’s position whose first point is “We did not participate”. I’ve set out the gist of my approach below. ⬇️   The Prime Minister has refused publicly to support the US and Israel strikes, and also refuses to allow the US to use UK bases, because of international law advice he has reportedly received from Lord Hermer.   International law ought to provide a mechanism to restrain and, if necessary, end despotic and tyrannical regimes such as that in Iran. If the doctrines of international law prove unable to restrain Iranian terrorism and mass murder, and tie the hands of democracies while forcing them to stand and watch Iranian atrocities, international law will have failed. It will have become a fundamentally immoral system of law, and one which is worse than worthless in the modern world.   To be clear: I don’t believe that it is. I think international law is important, and both can and should provide a just legal order. I do, however, have serious questions as to the moral attitudes of some of its expositors; too many international lawyers serenely promote an analysis which ultimately protects tyrants.   Seven points, and some questions:   1 The inherent right to use force in the face of an imminent attack from a hostile nation which is responsible for a pattern of hostile actions exists for good reason: a country cannot be expected to remain idle and just wait for the next attack.   2 Iran has repeatedly threatened to attack the UK’s bases and personnel. Those threats come in the context of persistent Iranian attempts to launch attacks on UK soil, too; the Director General of MI5 has stated, and the PM confirmed last night, that the UK has responded to tens of Iranian-backed plots, presenting potentially lethal threats to British citizens and UK residents. There is also a constant barrage of cyberattacks; while not all cyberattacks are armed attacks in sense of Article 51 of the UN Charter, some may be, and all confirm not just hostile intent but action pursuant to such intent.   3 The UK’s long-standing allies, the US and Israel, were right to consider that they faced further attacks prior to their recent military action, given that (i) Iran has previously attacked both states directly and also through its many proxies; (ii) Iran has repeatedly stated its intent to destroy Israel; (iii) Iran was assessed to be on the brink of acquiring a nuclear capability with uranium enrichment at 60% (which can only be for military use); and (iv) Iran already possessed – as demonstrated by its recent attacks – a sophisticated and effective long-range delivery capability which Israel cannot fully neutralise with defensive weapons.   4 The acquisition of a nuclear capability by Iran represents a genocidal risk for Israel and its people. Iran’s repeatedly stated aim is to wipe the State of Israel, and its inhabitants, off the face of the earth. The slogan of the proxies through which Iran has often attacked Israel is: “God is greater, death to America, death to Israel, curse to the Jews, victory to Islam”. In these circumstances, whether they are characterised as part of an ongoing armed conflict with Iran or as a new use of force based on self-defence, Israel’s actions are justifiable.   5 The UK (and also the US) is permitted under international law to use force to aid another state which is acting in self-defence. Moreover, the UK is under an obligation in international law is to prevent genocide, not just to stop it: stopping an on-going genocide is required, but it necessarily means that action was taken too late. 1/2

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