Global Thinking
Running with Bulls - Is the Market Rally Broadening?
35:57
One year ago, market forecasters were in absolute agreement. A Bloomberg consensus survey showed that 100% of the respondents predicted a global recession in 2023. Rising interest rates would surely create an inevitable "hard landing". When such agreement exists in the investment world one must ask the obvious question, "What don't we already know?".
Since then, fears over hard landings have…