Managing illiquidity risk across public and private markets
A broad overview of our 2019 assumptions
New technology could boost productivity and, in turn, economic growth, but relatively full equity valuations and low bond yields pose cyclical challenges.
Recessions are milder and less frequent, while recoveries are weaker. The business cycle has not been eliminated, but perhaps it has been tamed.
Pension strategies: Matching cash flows and managing liquidity
The world economy stands on the brink of a massive swing in savings, driven by global aging. Learn how growth and interest rates could be affected.