The Fading of Shocks and the Complacency Spirit: A Realistic Midterm/Longterm View
There is a sense of a cyclical recovery around the world. The shocks of the last 8-10 years (financial crisis, EU debt crisis, commodities downturn) seem to be fading, and in their place we observe rising expectations regarding growth. The latest IMF report on the...Assessing Possible High Impact Outcomes: From Egypt to France, and from London to D.C.
As we go down the road where the improbable becomes probable and the non-tradable becomes tradable, we discuss below four possible outcomes that could alter the investment landscape. Those four are: The recently discovered offshore Egyptian energy resources; the...Complacency in the Midst of Market Cycles: Liquidity Pressures and Geopolitics
Money markets experienced some kind of distortion in the last 18-24 months due to global dollar shortages as the Fed got into the swing of “normalizing” rates. Money markets several times become the arteries of the financial system. If they get clogged, shortages are...Global Market Resilience: Noise, Global Trade, and Policy Directives
In the last couple of weeks a reality seems to be settling in the minds of over-optimistic investors. That reality says that it would not be so easy to enact legislation that will turn things around overnight. Moreover, investigations and questions about...Sign Up for Our Publications
