Great podcast on going public: direct listing vs IPO. Also read the latest blog post money stuff I have shared last week on the same subject (why there is this implicit pop). Let you make your own analysis & opinion
Global slowdown & risk of recession increasing, although not foreseeable for 2020
Key takeaways:
- US hit by the fade out of the fiscal stimulus sugar high & trade war impacting overall economy;
- US evolving to potential (1,8% growth rate)
- Fed should cut at least 1 more interest rate (probability of BS expansion to resume) - this supported by overall economy (see presentation on US monetary policy)
- Europe sluggish growth 1% as global trade is stalling specially impacting Germany and Italy based on internal unbalances;
- Brexit impact already kicking-in with negative consequences (Hard Brexit would make the picture even worse)
- Potential growth for Europe 1.5% (above forecasts)
- China 6% growth new normal
- Japan better than previously expected 0,8%
- Brazil speeding up, but still very contained growth
the 3 presentations bring more color and the conference more insights!
What a great World Cup, one of the best of all times and the game has become so more exciting in the last 20 years! On top the values and ethic presented by more than 95% of the players clearly shows that the culture and environment you are in shape your behavior (specially when we compare with football players- a game that I love, but sometime the player attitudes lacklusters it)
