In Fodder this week - Chris Watling's key takeouts from Markets Summit 2016, plus Micahel Furey, Jonathan Pain, Anatole Kaletsky & Jacob Mitchell.

Among the many challenges facing the EU - refugees, populist politics, German-inspired austerity, government bankruptcy in Greece and perhaps Portugal - one crisis is well on its way to resolution. Britain will not vote to leave the EU.

Markets Summit 2016 featured a stellar lineup of international and local experts offering their best high conviction idea/thesis around the Markets Summit theme - is it deja vu (all over again)? - and the resulting portfolio construction decision(s) that must be made.

It's true that the past few years have been challenging for emerging markets as a whole. But not all emerging economies are equal, and uneven prospects are driving compelling return differences. Investors should have them back on their radars.

The extreme thirst for yield has pushed the US high yield cycle into unchartered territory. In a clear case of déjà vu (replace "subprime" for "high yield"), the cycle has reached the shakeout phase.

The extreme thirst for yield has pushed the US high yield cycle into unchartered territory. In a clear case of déjà vu (replace "subprime" for "high yield"), the cycle has reached the shakeout phase. It's time to sell/short the beneficiaries.

The resources sector is unloved, under-owned, heavily shorted and facing a slow grind to re-establish equilibrium between supply and demand. This is incorporated in the prices for equities, with discounts that reflect the negative sentiment. A contrarian with a longer term approach should be getting quite excited at this point.

In Fodder this week - Nouriel Roubini, Woody Brock, Bob Gay, Dom McCormick, Louis-Vincent Gave, and Oliver Hartwich. Plus an announcement about our strategic partnership with IMCA.

Only half a year ago, I explained how boring German politics had become. Angela Merkel's position seemed virtually unassailable and the 2017 election result a foregone conclusion. Not anymore.

When central banks are taking to extreme policies, and Donald Trump has a decent chance of being US President, we need to be prepared for anything. Gold may not be the perfect hedge, but what is?

For all its ups and down, 2015 ended up being a year to forget for Australian investors, with little variation in the performance of major asset classes. Dynamic allocation within portfolios and additional levels of diversification will be critical for 2016 to avoid the feeling of deja-vu.

Three demographic megatrends support a number of structural growth themes that allow identifiable companies to benefit from strong and compounding cash returns over investible timescales.

Never let a good crisis go to waste. Historically, the EU used to thrive under adversity. The current European crisis is different. It will either be the end of the EU, or at least the end of the EU as we know it.

All that is left of the euro is a currency that bears the same name but that has none of its original features. It is a zombie currency, an undead monetary system pretending to survive.

2016 has started poorly for the global economy - and horribly for markets. A number of negative themes are ascendant, whereas the positive ones are either pausing or petering out.

With the Federal Reserve today moving away from zero with a 25 basis point move, has anything changed my view that bond yields will stay lower for longer? I don't think it has. 2016 should be a very interesting market environment

As the Fed normalises its monetary policy and the ECB doubles down on extraordinary measures, we certainly should hope for the best. But we should also be planning for a substantial rise in financial and economic uncertainty.

Today's slowdown is truly global, with economies everywhere contributing to it. We witness "disappointing" growth, quarter by quarter, year after year. The consensus pays too much attention to China as the cause. So what really is behind all this?

The Paris terror attacks have severe political, strategic and economic implications. After only one week, the Union moved away from its ideal of free movement of people, and fiscal rules.

In October, I joined Dr Woody Brock and PIMCO's Fed watcher, Tony Crescenzi, and 18 senior practitioners for a workshop organised by PortfolioConstruction Forum on where global monetary policy was headed. Three key views emerged.