Is the US market being slowly poisoned by political risk? Or is it the last bastion of economic dynamism in the Western world?
Flip a coin? Best of three?
I’m in no hurry to make a call. The political and commercial climate seems so changeable, I’d sooner make a claim for whiplash.
It’s funny how the more febrile the world becomes, the more obvious it should be – but somehow isn’t – that a passive strategy makes sense.
The thing is: we’re primed to look for new answers to new problems. Ideas, strategies, and products that are supposedly tailor-made to meet the moment.
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