Helping you navigate the new normal
Last week’s departure of Bill Gross from his role as Chief Investment Officer at PIMCO is likely to prove a turning point for interest rates in the West, and probably around the world. Gross founded PIMCO (Pacific Investment Management Co) more than 40 years ago. During this time he built its assets under management to around $2tn. That is […]
The best view is always from the top of the mountain. At least that is how it feels today, with this month’s IeC Boom/Gloom Index (blue column) hitting a record high. Nor it is alone, as the S&P500 (red line), the world’s most important financial market index is also at record levels. Central banks broke […]
The head of Pimco, the world’s largest bond fund managers, provides influential support this month for the blog’s argument in ‘Boom, Gloom and the New Normal’ about the importance of today’s demographic changes. Bill Gross comments as follows in his …
The blog’s series on the VUCA world today reaches C for Complexity.
Interest rates are key to company profitability. They determine rates of return for new investments, and their affordability. They also have a major influence on consumer spending p…
Interest rates are key to the direction of the global economy.
But not in the way that was true during the 1982-2007 economic SuperCycle. Then, there was a global surplus of savings, due to the vast numbers of people in the Wealth Creating 25 – 54 …
All of us would love to be able to see into the future.
Chapter 4 of our new free eBook, ‘Boom, Gloom and the New Normal’, does just this.
It offers 10 predictions about how the world will look in 2021:
1. Young and old will be focused on ‘needs’…