Global investment trends of the next decade
Opinion is still divided, but a significant number of experts agree that another global recession is becoming an increasingly distinct possibility.
This forecast is supported by numerous studies and reports, including a recent major report published by Bank of America Merrill Lynch Global Research which predicts that recession is likely to be one of the most influential mega-trends of the next decade.
And when one considers that the world's two largest economies, China and the US, are engaged in an ongoing trade war, Brexit remains unresolved, global economic indicators are steadily declining and the stock market is more turbulent than stable, it's not an unrealistic forecast.
The monetary policies of the past decade have generally favoured capital holders rather than workers and, having reached its limits, it's expected that fiscal policy changes in major economies will see real assets, infrastructure and inflation will supplant growth, deflation and credit. In a rapidly changing and increasingly uncertain world, Greek philosopher, Heraclitus's edict that 'change is the only constant in life' has never been more apt.
The past two decades, especially, have been a veritable whirlwind of unprecedented and enduring change that has forever altered the way in which we live and the next decade is poised to be even more dramatic. However, with change comes opportunity and those who take a deep breath and buckle in for the ride will reap significant rewards.
07 Jan 2020
Author Private Property