Very early start on the radio this morning, but Jamie Dimon and I are aligned; the global economy is at an inflection point as higher rates, stickflation, debt and climate costs hit the reset button. It doesn’t have to be a bear-reset and could present massive opportunities! Embrace change!
COP27 is about the politics of global energy – energy being the lifeblood of growth and prosperity. The Ukraine war’s outcome is also about energy: can Europe withstand Russia’s General Winter and coordinated assaults on its’ economy and political stability.
As we start a new week of dismal markets, depressing political news, rising inflation and lots of what next worries… relax.. the Sun will come up tomorrow. Not so sure about the economy though…
Blain’s Morning Porridge – St Georges Day 23rd April 2020 [...]
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