There is much doom and gloom. Despite the recovery from the Great Financial Crisis, there is a high element of economic anxiety. It is not just about economics. Political developments are worrisome. We are told by various pundits in the media that democracy is dying. Six months ago, we argued that the consensus narrative under-estimates …
The Meaning of the System’s Resilience for Investors Read More »
The Consensus Narrative does not Appreciate the Resilience of the System – Marc to Market Edit The high level of anxiety among investors is masked by the rise of equities. As political issues dominate many discussions, the pessimism is palpable. It is fully understandable. The economic crisis lingers for many. Traditional political elites appear …
The Consensus Narrative does not Appreciate the Resilience of the System Read More »
This weekend’s Austrian presidential election and the Italian referendum may see the populist-nationalist forces do well. The polls suggest Hofer in Austria likely to win and become the first far right head of state in more than a generation. The defeat of the Italian constitutional reform, if it comes, will be not solely at the …
Where may the Populist-Nationalist Forces Stall? Read More »