Global growth is gathering steam, but some argue that this is built on sand – fueled by growth in credit from unprecedentedly high levels.
Others point to evidence of irrational exuberance, or even of bubbles, in all major asset markets, particularly in developed economies. Either growth must rise sharply and for the long term, or yields must remain low forever – lower, in real terms, than the prevailing growth rates – for those valuations to make sense.
Layered on top of the risks that always attend bubbly asset markets are pronounced geopolitical risks, too numerous to elaborate but notably including the unwelcome revival of Mutual Assured Destruction (MAD).
Join Fathom Consulting and distinguished panelists Rachel Lomax and Charles Goodhart to try an make sense of the global economy and asset markets.
Date: Tuesday 31st October 2017
Time: 08:30 – 10:30 GMT
Location: Thomson Reuters, 30 South Colonnade, Canary Wharf, London, E14 5EP
Rachel Lomax, Former Deputy Governor of the Bank of England and member of the Monetary Policy Committee
Charles Goodhart, Economist and former member of the Bank of England Monetary Policy Committee
We look forward to you joining us.