Rabobank’s Head of Financial Markets Research Asia-Pacific Michael Every will present a thematic global outlook ‘The Great Gamble’ looking at how high the stakes are, whether these big bets will pay off or not, and what it means for markets. Michael is a seasoned speaker, and apart from appearing regularly in print and live media, he gives regular presentations to various client groups of Rabobank.
Synopsis The global economy appears to have suddenly hit a synchronized upturn, while Europe may have turned the corner politically. For the first time in a long time, there is a degree of optimism. We seem to be on a winning streak!
However, our underlying problems, from China’s unsustainable debts to Europe’s unfinished reforms, from inequality to unhappiness at immigration, and from Trump’s unpredictability to the implications of Brexit, all remain unresolved.
Moreover, as inflation heads lower rather than higher, and wages refuse to move at all, central banks are now joining hands to talk of “policy normalization”.
Given the same central banks led us into the 2008-09 crisis and have failed to generate an equitable recovery so far, that looks a Great Gamble.
There is much to be won if they are right – and a huge amount to be lost if they are wrong!
About Rabobank Rabobank is an international full-range financial services provider founded on cooperative principles nearly 120 years ago. Headquartered in the Netherlands, the Group’s operations include banking, asset management, leasing, insurance and real estate services, serving 8.7 million clients in 40 countries. Internationally the Group's focus is providing financial solutions to food and agribusiness companies and commodity traders. In the Netherlands, Rabobank is a market leader in financial services, catering to all industries.
Rabobank has a long-term presence in Asia, with its first office set up in Singapore in 1986, serving customers in the ASEAN region. Rabobank is furthermore present in Hong Kong, China, India, Indonesia and Malaysia.