The second wave of contagion has arrived and the markets, once again, take no notice. They are not interested in the “here and now” of the real economy, only in…
In the ‘post-Covid’ world, irresistible and partly unpredictable forces are at work: it is the ‘next normal‘. Everything is changing with accelerated speed in a framework in which, at least…
Executive summaryThere is Covid, but the markets do not seem to see it: they are looking ahead, amidst soaring economic data and economists’ forecasts that are perhaps too pessimistic. The…
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