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theordore

07/28/15 10:27 AM

#193835 RE: zipjet #193824

I don't see another place to go! You've read no doubt the learned analyses that conclude we are in for at least a decade of slow growth! And it may not be simply the 'developed' countries; because it now turns out, according my studies, that the US$ carry trade drove/financed the emerging market expansion we saw during the QE glory days.
Thus, one prominent scenario now is for a world-wide shift toward a more flat (almost steady state) growth curve, except of course for upheavals caused by 'geopolitical events'.
So the name of the game now may be to seek to protect capital from serious erosion, rather tan to seek substantial growth.