Author: Michael Collins

Michael Collins
Michael Collins

Michael Collins writes about portfolio construction and financial markets. A freelance commentator and economist, he has previously worked for asset managers including Magellan and Fidelity International.

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Recent and archived work by Michael Collins for The Bull:

Technology is reshaping modern medicine

But ethical and economic challenges could limit the benefits medtech brings to healthcare. The Nobel Prize in Medicine 2019 was awarded to three men for “their discoveries of how cells sense and adapt to oxygen availability”. The Nobel Prize in Medicine 2018 was given to two men “for their discovery of cancer therapy by inhibition…

Central banks risk seeing their feted ‘independence’ watered down

William Martin is the longest-serving Federal Reserve chief, having served from 1952 when Harry Truman was president to 1970. A few years into the role, Truman saw Martin on a New York street. The president from 1945 to 1953 stared at Martin, called him a “traitor” and walked away. Martin’s betrayal? He prioritised a successful…

The future of privately issued digital currency

Such are the prospects for mainstream acceptance for something like Facebook’s Libra. But the hurdles are daunting too. In 2015, China’s yuan joined the US dollar, euro, UK pound and yen as an elite currency in the IMF’s ‘special drawing rights’ that members can access in emergencies. The yuan’s ascent to IMF-sanctioned status recognised that…

Journalism’s ‘Fourth Estate’ Role Is Crumbling In The Internet Age

The telling blow is the damage wrought on local newspapers. Canadian Prime Minister Justin Trudeau’s embrace of Jody Wilson-Raybould while gazing into her eyes just after she was sworn in as the country’s first Indigenous attorney general in a cabinet that was notably half female epitomised the progressive image that Trudeau’s Liberal government sought to…