Peter ElstonAug 1, 20163 minMacroSecular Stagnation and the Natural Rate of Interest One of the most interesting features of global financial markets over the last 20 years has been the inexorable decline in long-term real...
Peter ElstonApr 1, 20164 minEM Growth Needs to Recover to Pre-Crisis LevelsThe volume of opinion surrounding emerging markets can, at times, seem deafening. For simplicity’s sake, I will discuss just two key...