- Currencies – Storm warning //
- Dollar – Earlier than expected //
- Sterling pound – Forever //
- Euro – Hard to foresee //
- Cryptocurrencies – Much ado about nothing //
- Gold – Towards a simple commodity //
- Cash – Keep it in mind… //
- Emerging markets – don’t get locked in //
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Currencies – Storm warning
Preliminary remarks: In Europe, government constraints and central banker orthodoxy are at opposite ends of the spectrum, but the government logic of stimulus, at the expense of inflation containment, prevails, while promising us an accelerated collapse in purchasing power ultimately impacting businesses.
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