12/24/2020 - Louis-Vincent Gave: The 10 Important Changes of The Past Year
1. A dramatic shift in Western economies’ fiscal policies
2. The embrace of MMT (the magic money tree)
3. China forging its own policy path
4. A change in renminbi policy (China’s currency)
5. A stop to Ricardian growth (more on what that means below)
6. Taiwan emerging as the new geostrategic fault line
7. The capital war between the US and China, and the Hong Kong takeover
8. A rapidly shifting energy landscape
9. Moving from a north-south European divide to a west-east divide
10. Japan’s quiet bull market
