McKINSEY ON FOUR GLOBAL FORCES BREAKING THE TRENDS

 

 

No Ordinary Disruption

LINK TO YOUTUBE PRESENTATION BY McKINSEY’S JONATHAN WOETZEL

 LINK TO INFOGRAPHICS ON THE 4 DISRUPTIONS

1: The Age of Urbanisation;

2: Accelerating Technological Change;

3: Challenges of an Aging World; and

4: Greater Global Connections

SLIDE SHOW WITH DATA ON THE 4 DISRUPTIONS 

The  McKinseyGlobal Institute book addresses the  “Four Global Forces Breaking All the Trends” transforming the global economy and ‘how we need to reset our intuition ..

Some conclusions  …..

‘…the Great Moderation is gone…   the cost of capital may rise. The price of everything from grain to steel may become more volatile. The world’s labour force could shrink. Individuals, particularly with low job skills, are at risk of growing up poorer than their parents.’

Link to Globewatcher posting The Robots are happy

 

PAUL McCULLEY ON INTEREST RATES & INVESTING OPPORTUNITIES

 

WealthTrack

The legendary Macroeconomist, Money Manager and Fed Watcher Paul McCulley is recognised as one of the world’s best informed commentators on global financial markets, interest rates and monetary policy.

In this Wealth Track interview recorded last week  McCulley explains, with  unmatched clarity,  the reasons for and the consequences of  interest rate suppression in The United States, Europe and elsewhere. He expects US interest rate rises to be fractional and  to remain ultra light for years- with target US Treasury 10 year bond rates a few years ahead of only 2%

Consuelo Mack  focuses the interview  on the questions we are all asking. The  reasons  for the ultra low  interest rate policies.  How long ultra low rates are likely to continue, and associated risks including asset bubbles and aggravated  unfair wealth distribution.

Outlining how investors can profit from opportunities McCulley makes a compelling case for European Equities with the currency risk hedged.