Thought Leadership

Budget

English is one of the few languages that diligently employs the use of definite and indefinite articles (‘the’ and ‘a’).…

Moral Leadership

MMPI conducts extensive staff training throughout the year on a variety of topics – one of which is Ethics &…

Low Interest Rates – Implications

Following on from last week’s piece on yield curves we’ve been asked to set out the implications of low interest…

Yield Curves

A yield curve is a line that plots interest rates, at a point in time, for various maturity dates into…

Secondary Markets

When a company wants to raise money, in addition to borrowing from traditional sources, it has the option to sell…

Competence

Back in 2002, the US Secretary of State for Defence, Donald Rumsfeld whimsically declared; “There are known knowns. There are…

Brexit – A Retrospective

Now that a little time has passed since the remarkable vote by the denizens of the United Kingdom let’s see…

Investment Products – Overview

This week MMPI launched its Escalator Plan Series 32, which is the 45th version of MMPI’s investment products, (some of…

Dash for Cash

The promise of a cashless society reminds us of the fallacy of a paperless office. The more we hear about…

Basic Economic Problem

Every generation believes itself to be more intelligent than the ones that went before, and wiser than the ones that…

Cryptocurrencies

A cryptocurrency is electronic (digital) “money” that is not issued by a government. There are no physical coins or paper…

First Principles

The term ‘first principles’ (ab initio) is primarily used in mathematics or, more pointedly, in differentiation (formerly calculus). It means…