Author: Olegs Jemeljanovs, PhD, CFA

What Lies Behind Trump’s Comfortable Victory In November 2024 American voters again voted for Trump. My conclusion was that either most voters were too ignorant by being dissatisfied with the current excellent state of affairs according to the mainstream media; or most voters were brainwashed by various alternative media outlets to believe that life was not okay; or the alternative media were more creative than the mainstream ones; or maybe the current economic model where a monetary policy aims to stimulate debt-based consumption rather than ensure price stability simply does not work anymore, while goods, services, real and financial assets…

When I started my career in the investment industry, I used to read annual outlooks released by leading investment banks and asset managers with a delay of two to three months. It was much more exciting than reading science fiction: a fascinating flight of ideas on the part of analysts and strategists that had so little to do with the real state of affairs a couple of months later. “…man proposes, but God disposes…,” as they say. And yet, you should read those outlooks in order to broaden your horizon of thinking beyond the obvious, while the ultimate decision should…