Macro shouldn’t matter to investors. However…sometimes its interesting. Unchartered territory and stuff…
- Some economics lessons form Ray Dalio – monetary policy doesn’t work anymore/end of the debt supercycle/political extremism threat to economy
- Botin (Santander): QE won’t work fully as banks need to hoard cash
- Cohn (Goldman): more men in employable age, unemployed in US then France/new regulation stimulates banks to hoard cash
- Currency wars, Europe’s erroneous approach to austerity etc.