Hints and tips:
...Simon Rubinsohn, Rics chief economist, said confidence in house price growth seemed to be “more resilient than might have been anticipated”....
...Trevor Williams, Lloyds Banking Group: The housing market is a risk but it is nowhere near a bubble at the moment....
...Simon Rubinsohn, Rics: The real estate market once again has the potential to derail the upswing....
...Trevor Williams, Lloyds Banking Group: Deficit reduction remains a challenge, but the economic recovery is the best way to bring the deficit down....
...Simon Rubinsohn, Rics: Households will start to feel better but, for good or ill, part of the reason for this is likely to be linked to the stronger tone to property market....
...Simon Rubinsohn, chief economist for the Royal Institution of Chartered Surveyors, said: “The repopulation of estate agent’s shops relies on housing market transactions picking up and I’m not optimistic...
...The London ‘effect’ is now over 2 percentage points,” said Mr Williams....
...Simon Rubinsohn, RICS: not a great deal - near term more political than economic impact Stephen Lewis, Insinger Beaufort: The US election seems unlikely to affect the world economy very much at all....
...Trevor Williams, Lloyds TSB: it may be nationalised to save taxpayers money. There will be little direct impact on the global economy. Keith Wade, Schroders: Probably in public ownership....
...Trevor Williams, Lloyds TSB: the emerging markets are an opportunity; the real risks are in the developed economies....
...Trevor Williams, Lloyds TSB: Inflationary pressures are not to be ignored. Keynes once said that the long run is simply a series of short runs....
...Trevor Williams, Lloyds TSB: They have to use a wider range of monetary instruments to control bank activity in the context of credit market devlopment....
...Trevor Williams, Lloyds TSB: The UK has a big potential problem with fiscsl polict - it is too high and could destablise the economy....
...Trevor Williams, Lloyds TSB: the housing market slowdown is a good thing and I see no risk from it. Keith Wade, Schroders: The correction is likely to be significant with prices declining around 10%....
...Simon Rubinsohn, RICS: a) credit squeeze proves more enduring taking a heavier toll on demand in the major developed economies b) rising food prices continues to drive up inflation expectations restricting...
International Edition