14 Jan 2022 The Big Picture: Debt, growth and rates’ abnormal relationships creating abnormal conditions (Part II)
Posted at 21:57h in News, Articles, & PR
B. G., Opalesque Geneva In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, an alternative asset manager, offers his observations on the major macro themes expected to affect the markets in 2022. In this final part, he talks about ESG standards and the rise of low carbon as an asset class in its own right. He also says the relationships between debt, growth and rates, a three-body problem, are now less stable than usual. Finally, he sees “pretty sharp tipping points” in the Chinese economy through the country’s unstable debt levels and its zero-Covid policy. Click...