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| | | Bob Baur - 2017 Chief Economists Forum Tuesday, 31 January 2017Bob Baur Chief Global Economist Principal Global Investors | |
Four funerals and a wedding: that was the key message from Principal Global Investors' chief global economist Bob Baur at the 2017 Financial Standard Chief Economists Forum in Sydney and Melbourne. |
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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.
Click here to download the presentation.
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