This article summarises Leithner & Co.’s assessment of three key commonly-cited macro-economic risks: (1) increasing inflation, (2) stagnant or declining economic growth and (3) rising interest rates. By analysing a long series of data compiled mostly by Robert Shiller, I show that: In isolation, waning growth (as measured by Gross Domestic Product) as well as waxing … [Read more...] about Three risks you can discount – and one you can’t
Chris Leithner