Policy and Prospects: Are Governments Tipping the Balance Toward Depression?
Three years have passed since the start of the financial crisis, yet asset managers still face volatile capital markets, stalling growth and continuing financial system risk, especially in the Eurozone.
How did we get here? Why have extraordinary measures by governments and central banks failed to produce self-sustaining growth? What are the market and macro outlooks going forward?
For greater insight, download your copy of Policy and Prospects: Are Governments Tipping the Balance Toward Depression? This is a timely diagnosis of our current economic predicamentand a stern prescription for a cure. Authored by senior analysts at Roubini Global Economics and available exclusively through Pershing, this provocative analysis puts today's events into the broader context of long-standing global imbalances. It also explains why contractionary policies are likely to be self-defeating, neither reducing deficits nor restarting growth. It addresses such questions as:
- Why did unprecedented global growth turn into an extended balance-sheet recession?
- Will poorly-timed fiscal retrenchments tip the global economy into a 1937-style double dipor even a depression?
- What key structural reforms are needed to restore long-term global stability?
- How should asset managers create portfolios in response to future economic prospects?