Too soon for global optimism

Kenneth Rogoff  |  Harvard University  |  01 February 2023

Many of those who attended this year’s meeting of the World Economic Forum in Davos were struck by the jubilant mood of the CEOs in attendance. It was hard to reconcile the optimism of these business leaders with the short-term and long-term economic uncertainty caused by the war in Ukraine.

To be sure, there are grounds for cautious optimism, like China’s 180-degree turn on its draconian zero-Covid strategy. Soon, the country could see a huge wave of “revenge spending” driven by pent-up demand from consumers who have spent much of the past three years in lockdown and now have the equivalent of t...

Not yet a Member? It’s quick and free to join. Already a member? Please log in.

Finology

Behavioural Finance - Investment Decision-Making course

Led by behavioural finance expert, Herman Brodie, the Behavioural Finance - Investment Decision-Making course will help you identify, analyse and evaluate the principal human preferences that influence decision-making in situations of uncertainty, so you can recognise and identify these preferences in others, to improve investment decision-making.

Strategies Markets

Markets Summit 2023 - Program & Faculty

Established in 2009, Markets Summit is THE investment markets scene setter of the year. For the first time in decades, an inflationary gale is rattling financial markets. Many post-GFC tailwinds have gone into reverse. This once-in-a-career regime shift poses many challenges for portfolio construction practitioners. The high VUCA (Volatility, Uncertainty, Complexity, Ambiguity) market environment continues! Yet, opportunities abound for who reorientate portfolios accordingly. Every VUCA cloud has a silver lining! Markets Summit 2023 will help you better understand the key drivers of and outlook for the markets, and the opportunities and risks ahead on a three- to five-year view, to aid your search for return and to help you build better quality investor portfolios.

Forum Fodder 10 Mar 2023

What's new with our live and on-demand continuing education, accreditation and certification programs.

Graham Rich

| | |