Independent Insight Provider

Stewart Paterson

Macroeconomics

<p>In  <a href="https://www.smartkarma.com/insights/money-matters-de-globalisation-and-asset-prices" target="_blank" data-smartkarma-citation="insights:19206">Money Matters: De-Globalisation and Asset Prices</a>, I argued that financial and real assets had benefited enormously from the globalisation process of the last 20 years. Corporate profits relative to GDP are at highs driven by the availability of a huge supply of cheap labour, and the deflationary pressure from globalisation, combined with the perceived need for central banks to prevent an aggregate fall in the price level has led to extremely low interest rates and money printing…</p>

In  Money Matters: De-Globalisation and Asset Prices, I argued that financial and real assets had benefited enormously from the globalisation process of the last 20 years. Corporate profits relative to GDP are at highs driven by the availability of a huge supply of cheap labour, and the deflationary pressure from globalisation, combined with the perceived need for central banks to prevent an aggregate fall in the price level has led to extremely low interest rates and money printing…

MSCI AC Asia ex Japan Index (MXASJ INDEX)

The Trade War Heats up and Assets Respond