Outside the Box, June 2014

The Four Horsemen of the Geopolitical Apocalypse

June 25, 2014

Ian Bremmer, NYU professor and head of the geopolitical consulting powerhouse Eurasia Group, consults at the highest levels with both governments and companies because he brings to the table robust geopolitical analysis and a compelling thesis: that we are witnessing “the creative destruction of the old geopolitical order.” We live, as his last book told us, in a “G-0” world. In today’s Outside the Box, Ian spells out what that creative destruction means in terms of events on the ground...

Musical Chairs at the FOMC

June 18, 2014

“You can’t tell the players without a program. Get your program here!” yelled the stadium vendors of my youth. In today’s Outside the Box I bring you an excellent piece of Fed watching by Nouriel Roubini and colleagues, a “program” of the new Fed members and where they rank on the hawk-dove scale. They point out that, with a new chairperson (Janet Yellen) and vice-chair (Stanley Fischer), and with higher than normal turnover on the Federal Open Market Committee (FOMC) – over the past year,...

Networks and Hierarchies

June 11, 2014

I have a big-picture piece for you today from a big-time thinker, my good friend Niall Ferguson. This is a little bit different for Outside the Box, but then isn’t that what this letter is supposed to be? Something to make us think and to come at a problem with a little bit different viewpoint?

At our recent Strategic Investment Conference, Niall focused on the dangers of US isolationism, the degeneration of American culture, and the immense problem of government debt whose trajectory is in...

Breakfast with Dave

June 3, 2014

David Rosenberg and I have been friends and colleagues for years, but he never ceases to amaze me. I mean, a 10- to 15-page letter covering every significant development in global markets, delivered to clients’ mailboxes every single morning of the work week?! Breakfast with Dave is legendary in our business.

Rosie’s presentation at our just-concluded Strategic Investment Conference was his usual rapid-fire tour de force, but to truly appreciate the volcanic force that is Mr. Rosenberg, you...