Financial repression and intentional market manipulation by global authorities have had a profound negative impact on corporate investment, household consumption and savings, caused colossal misallocation of capital and distorted and broken the once robust relationship between financial and business cycles; Read more
Geopolitics is back, with a vengeance, and needs to be elevated to a first order risk when weighing investment decisions. This is the inescapable conclusion to be drawn from the disconcerting bout of geopolitical volatility that is sweeping the globe from Europe to the Middle East and Asia. Read more
Flocks of Swans
By Wouter Klijn, May 2016, http://www.i3-invest.com/ins-detail/flocks-of-black-swans/
The idea of a Black Swan, as popularised by the investor and philosopher Nassim Nicholas Taleb, refers to a highly improbable, but nevertheless devastating event and when it comes to investing Taleb argued that it is likely we will see more of these events than has been the case in the past.