We crunched a lot—and we mean a lot—of numbers on inflation and stocks.
"And in the end, while most economists fret about deflation, it is after weak dollar periods we are most vulnerable."
In Search of the GI & Infrastructure Bills of Tomorrow
Since the mid-1980s, the macroeconomic volatility has declined to a postwar low. The Covid-19 crisis brought one of the largest economic shock in modern history and could mark the end of the Great Moderation i.e. a turning point with higher economic volatility and a shift to a higher inflation regime. Those factors are likely to lead to higher financial market volatility than in the previous two decades.
Beauty is only skin deep, as the saying goes. Francois de Bruin explains what this piece of wisdom means for yield-hungry income investors.
China, Japan, technology, and value have potential to shape global markets in 2021 and beyond.
For institutional investors only
''It's a machine that encourages hospitality; you want to make way more espressos than you can drink.''
“Never let the truth get in the way of a good story.”
"That’s how I started, I began at the top. And I have been working my way down ever since."
