A summary of the factors driving global markets over the last month.
Pascal’s Wager argues that belief makes more sense than disbelief when the worst outcome is a total loss.
Trade policy is of first-order importance in a more connected world, and markets have been reacting nervously to U.S. trade disputes.
The biggest problem in U.S. productivity growth has been a decline in investment spending.
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While tariffs remain a concern, the key issue is the degree—which we deem moderate—of U.S. recession risk. The current global backdrop makes the U.S. dollar unlikely to strengthen. Earnings growth expectations are modest, valuations are undemanding
The stakes are high, since the internet has been a key driver of growth and consumer welfare for the last 20 years. What are the implications if Net Neutrality is repealed?
Many defined contribution (DC) pension scheme members may be pleased with year-end 2017 results in their retirement plan statements, but the outlook for market returns over the next 10 to 15 years remains less than inspiring, according to J.P. Morgan’s 20