Financial Times (December 31)
“After December’s No vote in the Italian referendum, the rise of Donald Trump and the British vote to leave the EU, it appears that the political landscape of the developed world is being redesigned by the victims of globalisation and technological change. Anger towards political elites is pervasive. Yet a few rage-free zones remain, of which Japan is the most conspicuous.” Japan’s “immunity from the populist political tide remains remarkable.”
Tags: Anger, Elites, EU, Globalisation, Italy, Japan, Political landscape, Populist, Referendum, Technological change, Trump, UK, Victims
Institutional Investor (June 20)
The Fed and many others are underestimating “the true strength of the economy and the underlying structural evolution that is at play as a result of technological change…. As inflation firms in the months ahead, it will become abundantly clear that the Fed has had a window of opportunity to move on rates.”
Tags: Economy, Fed, Inflation, Rates, Structural evolution, Technological change
