Tag: EU

Strategy 2024: Searching for a Soft Landing

13 December 2023 Happy Holidays! Another challenging year is coming to a close. Yes, the US (and global) economy defied expectations of recession. True, the S&P 500 has recorded a 20% gain. However, the rally was narrow: only technology outperformed the market. Indeed, of the 8 market sub-sectors, only tech, industrials, and financials posted positive [...]

Italy: Supply-Side Reforms Are the Only Remedy

19 November 2022 I have just enjoyed a fact-finding trip to the Emilia-Romagna region of Italy. Naturally, I indulged myself with the gastronomic delights of Bologna, Parma, and Modena; as well as marvelled at the mosaics in Ravenna. On the economic front, to be sure, Italy has had little to cheer about in recent years. [...]