Best wishes for the New Year
We recently published our 2015 CIO Year Ahead. Since it is a rather serious 66 pages long, I’ll keep this final CIO Monthly Letter of 2014 short and rather light-hearted by considering how various global leaders might throw a holiday party.
We called our 2015 outlook: The diverging world. Regionally, growth is uneven, monetary policy has taken forks in the road, and reform agendas vary. We think the party planning skills of some of our world’s central banks might reflect similar differences.
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