Chaotic Global Macro at Centre Stage The global macro situation remains complex and chaotic filled with conflicts, cross currents, vastly diverging and often opposing interests: Russia’s unlawful war on Ukraine China’s misguided COVID policy Global energy and food crisis Unprecedented sovereign debt levels Derailed inflation ratesFragmentation in financial marketsIncreasing financial stability...
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The combination of ongoing economic consequences of the pandemic not only followed, but was massively amplified by Russia’s unprovoked war on Ukraine, has led to a simultaneous global cyclical economic downturn. The underlying forces are dislocations as well as structural process adjustments in politics, security,...
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The World Economy Redefined - War, Inflation and Markets in Upheaval Times are truly transformative with fundamental and major dislocations in politics, security, economics, businesses and capital markets. Sovereign Ukraine remains under unprovoked military attack and suffers horrendous atrocities and war crimes from revanchist Russia. A new world...
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We live through truly transformative times with fundamental and major dislocations in politics, economics and capital markets. Independent and democratic Ukraine is under unprovoked military attack and suffering horrendous atrocities from totalitarian and revanchist Russia. This war, however, has global implications. Under attack are also...
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Stalemate Russia’s invasion of Ukraine in February took the world by surprise, and has moved investors’ attention away from COVID to almost exclusively on geopolitics and inflation. As well as the enormous humanitarian impact and suffering caused, the war has created major global financial consequences for...
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Russia’s Putin launched an unprovoked military invasion into the Ukraine on February 24th 2022. Up to that point Putin had three strategic options to deal with the self-inflicted situation in the Ukraine: to de-escalate, to muddle-through or to attack. I had assigned a low probability to...
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