Recent speech by FRB governor Lael Brainard and the Nov 2020 Financial Stability Board report shine light on the depth of the market turmoil last year and also point to the fact that it would have been much worse if the central banks had not intervened.
The annual Nasdaq report highlights 4 most important trends that will have an impact in coming year
Summary of ‘Good to Great’ by Jim Collins. Can a Good company become Great and if so How? The transition from Good to Great has 3 blocks – Disciplined People; Disciplined Thought and Disciplined Action and the key point across all 3 blocks is Discipline. To go from a good organization to a great one you need disciplined people, disciplined thought, and disciplined action.
Climate risk is now the most prominent risk both in terms of likelihood and impact as noted in the 2021 Global Risk report by the World Economic Forum.
This week, the International Monetary Fund (IMF) released their latest forecast which predicts that world GDP will grow by 5.5% in 2021 against a net decline of -3.5% seen in 2020. IMF foresees that first half of 2021 will see softer growth and the growth momentum will increase in the second half. The rebound in 2021 is based on the twin-punch of a ‘vaccine-powered’ recovery coupled with policy support in large economies.
Looking behind the curtain of CDC’s Ensemble Forest model for forecasting deaths from Covid-19