There is a significant gap between dividends’ reality and how many investors envision them.
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Monetary trends continue to suggest a slowdown in global industrial momentum in H2 2021, with a rising probability that weakness will be sustained into H1 2022 – contrary to the prior central view here that near-term cooling would represent a pause in a medium-term economic upswing.
The shock to the Eurozone job market in 2020 was considerable. Hardest hit were southern countries, young people and women.
Despite strong fundamentals, growth stock valuations are extreme
The distortions created by central banks make it dangerous to read too much into price signals
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."
