We’re at the beginnings of an epic but nominal global bull market

Marko Papic  |  Clocktower Group  |  08 October 2020  |  0.50 CE

The Covid-19 pandemic has not so much catalysed a “whole new world,” as much as it has accelerated the trends that were already afoot over the past decade, specifically: multipolarity, deglobalisation, Sino-American conflict, the death of laissez-faire, and rise of tech. Some of these paradigms have been accelerated by the extraordinary events in 2020, but others will either dissipate or be moderated over the course of the next decade. The crucial regime shift that will dominate the coming decade is the transition from the Washington Consensus to the Bueno...

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