|Baur told attendees there are currently four fading trends which had a detrimental impact on the global economy over the past decade. He said the world is transitioning to a new era which will create significant financial implications and opportunities.
Labeling the trends as 'four funerals and a wedding,' Baur highlighted how the investment boom in China alongside global debt financing demand, the belief that economic stagnation was permanent and wage and salary stagnation is declining, is paving the way for a happy marriage between growth and mild inflation.
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