A global long-term development, or mega trend, appears to have accelerated through 2018 and the speed currently continues, opening-up new opportunities.
Points of View & Perspectives
Just before Christmas, the German central bank published its monthly report with a bright outlook for the German economy several years ahead – but that was not enough to reassure the financial markets.
Last week, media reported that a number of people died after imbibing that popular coconut-based alcoholic beverage called “lambanog”.
Teaser: The Italian central bank recently published a report that barely pleased the government of Rome, though it is worth the read.
Teaser: 2019 is waiting just around the corner, and when listening to different forecasts, one could get the impression that next year will be the most boring year in the financial markets throughout decades, though I doubt.
On Monday, the 29th October, a bomb was thrown in German politics. Chancellor Angela Merkel announced that she is stepping down as chairman for her party, CDU.
Teaser: The global trade routes are currently challenged due to increased import tariffs and movement within the free-trade zones, though it also opens new opportunities.
Teaser: The USD-PHP exchange has continuously gone up throughout 2018 partly due to a weaking peso. But even though the U.S dollar is fairly stable in a certain way compared to other major currencies, it is showing signs of weakness.
Teaser: The notorious high-growth large Asian economies will explore more headwind –India is especially in a worry.
Teaser: Lately, there have been many comments about the next global financial crisis to the 10-year “anniversary”, but a new crisis is building, though very slowly.