By David Scott | Monday 10 December 2018
Markets are being roiled by politics, soiling themselves on trade war panics, scared witless by mounting populism and it's pay-off time for massive policy mistakes and the waking up to the horrendous unintended consequences of the last 10-years of monetary experimentation and over-regulation and the working out that every single financial asset (by which I mean listed stocks and bonds) is price-distorted, will be painful for the unprepared. In fact; every aspect of modern finance is distorted. Sentiment is bruised which means the global economy is vulnerable to being pushed over the edge as the current fears of recession in 2019 become a self-fulfilling prophesy...
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