With armed conflicts raging in Europe and the Middle East, and the prospect of a US-China showdown over Taiwan, many investors believe World War III is increasingly likely. But Pippa Malmgren thinks differently. The former economic policy adviser to the President of the United States, the British Cabinet, and several Asian nations, and Portfolio Construction Forum’s Visiting Fellow for 2024/25, believes that the US- and China-led blocs are on the cusp of a grand bargain including deals on Ukraine, Gaza and Taiwan. Such an agreement will bring peace and will also herald a new phase in the ...