Leaving aside the bloviating at the World Economic Forum in Davos, the event often does at least reflect what’s going on in the world of politics and markets.
This year’s edition was particularly interesting given Russia’s invasion of Ukraine, rising interest rates, and, of course, the ongoing COVID-19 pandemic. This year’s buzzword seemed to be ‘deglobalization,’ a mild surprise given this trend has been underway since at least 2016 when Donald Trump was elected U.S. president and the…
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