
Merryn Somerset Webb
Editor at Large, UK Wealth at Bloomberg News
Senior Columnist, Bloomberg. Ex Ed in chief @Moneyweek. Ex Columnist/Contrib Editor @FT Opinions personal. NED: THRG Author #SharePower
Articles
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1 week ago |
bloomberg.com | Merryn Somerset Webb
First a recap of events in the last week or so. It went like this: “Liberation Day,” tariffs all round, seven days of chaotic markets, a nasty bit of bother in the bond market, investor despair, concern from Donald Trump that people (by which he may or may not have meant hedge fund billionaire Bill Ackman) were getting “yippy,” a pause on the tariffs and investor euphoria.
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1 week ago |
flipboard.com | Merryn Somerset Webb
1 day agoWall Street has been whipsawed for more than a week by President Trump's every word about tariffs. Now he's facing accusations of using his power to deliberately manipulate the markets. The scrutiny started with a tale of two social media posts. On Wednesday, shortly after the U.S. stock market …
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1 week ago |
moneyweek.com | Merryn Somerset Webb
The UK isn’t a great place to have a high income. Or even a highish income. Our tax system is firmly progressive – and from pretty low levels. If you’ve been to university and have a student loan you can find yourself paying an effective marginal tax rate of 37% by the time you earn more than £25,000. And even if you don’t, you pay 28% tax from just £12,584 (including national insurance, an income tax by any other name). Then there are the horrors of the £100,000 milestone.
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1 week ago |
bloomberg.com | Mohsis Andam |Merryn Somerset Webb
Why Economists Are Looking at Economics All Wrong On this week’s episode of Merryn Talks Money, economist James Galbraith explains the problem with most models.
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2 weeks ago |
bloomberg.com | Merryn Somerset Webb
US President Donald Trump on the South Lawn of the White House on April 3. Markets around the world plummeted that day, and yesterday, because of his global tariff war and subsequent retaliation from China.
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The idea that the US bear market is event driven. Isn't it more structural... in that it was time. If not trump, something else (DeepSeek, AI, general rotation, peak passive etc). High valuations and exceptionalism chat make their own bear markets....

Bit tarriffy https://t.co/VISHw5cQ21

RT @rvernallsLtd: Really interesting from James K. Galbraith on @MerrynSW @business pod. Tariffs against Russia gifted it ingredients for g…