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FP: The Process

World leaders are taking investors down a dangerous economic path

in FP: Latest/FP: The Process

Conditions for investors around the world are getting worse. Let’s start with Europe, the world’s second-largest economy. The European Union is a collection of states that are vastly different from one another. They are separated by culture, language (which impedes labor mobility, resulting in semipermanent labor productivity disparity between countries — think Greece and Germany),…

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How Investors Should Deal With The Overwhelming Problem Of Understanding The World Economy

in FP: Latest/FP: The Process/The Process

The article is very long. It is long for two reasons: first, it is was originally a two-part article that I folded into one; and second, I am dealing with the very complex topic of investing in today’s global economy. I wrote this article a year ago, and some themes like “be careful of MLPs” are…

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