A new phenomenon in the post globalized world order are micro-powers - the Emirates, Singapore, Switzerland, Israel and Ireland - that are resourceful, regionally dominant, influential geopolitical players
In my latest post, I explore how the Fed’s decision to keep rates low reflects an expectation that the economy could take several years to fully recover. I also examine what business leaders should consider for their own outlook.
While more work is needed, it appears that the Department of Labor is finally in a position to implement much-needed reforms to a pension system that has for too long neglected the underlying financial security of its beneficiaries.
As investor sentiment shifts from private markets to public, SPACs are taking stage front and center. Could these permanent capital vehicles provide private equity much-needed liquidity to consolidate or exit positions?
While wealth managers should be commended for rapidly engaging clients in new virtual ways and safeguarding clients’ portfolios during these uncertain times we see three larger challenges they must address.