Blain's Financial Porridge - Outlook for the next decade, Dec 2019

Dec 23, 2019, 12:57 PM

Bill Blain is a leading market strategist based in the City of London. He advises issuers and investors across global debt and equity markets, and is strategist for Shard Capital. He has over 35 years market experience.

Bill Blain's Financial Porridge - Dec 23rd 2019 
This week Bill outlines his big themes for the coming decade. You can read the whole report on the www.morningporridge.com website.

7 major themes for the 2020s and two market moving narratives are set to dominate the next 10-years:
 
1)    Market Distortion – how long can central banks keep juicing the party?
2)    New Opportunities – how with a new industrial revolution in tech, pharma, health and climate cure change markets?
3)    Politics will continue to dominate – what are the risks of political failure?
4)    Debt Crisis Risks
5)    Geopolitical Risks increasing
6)    ESG and Sustainability
7)    Climate Change
 
The two big market narratives will revolve around:
·      Can the market distortions of the last 10-years be unwound without triggering an even greater crisis – are we trapped in repressed markets? 
·      Global Debt Crisis looks increasingly likely as governments step up borrowing and corporates look to paydown the debt binge of the 2010s. The final crisis may come from personal debt.  
 
Follow the Link to Open the Outlook file:  https://morningporridge.com/outlook-for-the-2020s