Assessing the 2020 Outlook: Part I
We started assessing the outlook for 2020 a few weeks ago. The truth of the matter is that we are facing two almost equally probable scenarios: The first one (adopted by the great majority of analysts) says that growth will continue next year and that the equity...The Titan has Fallen
Yesterday, was a very sad day for the US and the world. The economic giant Paul Volcker passed away. Paul Volcker by himself saved the economic system four times (with his counsel and famous memo to President John F. Kennedy related to the declining gold reserves in...The Monetary Policy Challenge – Center for Financial Stability
Jacques de Larosière from the Center for Financial Stability (CFS) shares his latest thinking on inflation targets and the unintended consequences from excessively accommodative monetary policy. “This challenge could be defined as follows. If we accept, as...A Bifurcated Reality: At a Hinge of Historical Changes
We are at the hinge of a new era where we are supposed to choose between a reality of tyranny and illiberalism dominated by kleptocrats, and an age of democratic institutional renewal that was the cornerstone of growth and prosperity in the last seventy years. Hannah...Sign Up for Our Publications
