This is what I wrote to new contacts I produced at the London Investor Show which I attended and presented at final Friday.
Narrative beats numbers: A single of the themes for this weblog for the last few years has been the importance of stories in a planet exactly where numbers have turn out to be a lot more plentiful. In the Brexit debate US presidential election, it seemed to me that the Leave side Trump had the more compelling narrative (of a return to an an old Britain America that adequate voters found attractive to assist him win) and while the Remain side Clinton argued that this narrative was not plausible in today’s globe, its counter consisted largely of numbers (the costs that Britain would face from Brexit) inveighing against Trump’s character and temperament. Looking ahead to similar referendums elections in other EU nations, I have a feeling that the exact same dynamic is going to play out, since few established politicians in any EU country look to want to make a complete-throated defense of becoming Europeans first the status quo.
The eurozone is obtaining a problem simply because Germany, for 1, has not taken the path most travelled. And, over time, their more disciplined approach came out on top. In the lengthy term debt section a company can retire or concern extended term debt. The Andrew’s finance manager can issue long term debt in order to finance the new low finish solution Apple. The manager inputs $2000 or …Read More