Today’s Three Important Megatrends

When Peter Berezin, Chief Global Strategist at BCA Research, looks at three largely non-consensus megatrends shaping society, he doesn’t engage in “happy talk,” as he describes it. He sees global migration with open borders for skilled workers benefiting the developed world, but also notes that if the delicate issue is not properly managed rising economic stability. He considers social fragmentation that is rife across the developed world brandishing a populist flag and sees the unanswered rage as threatening democracy itself, which millennials don't seem to particularly care for anyway. Then he looks at aging trends across the developed world and doesn’t think deflation, but rather inflation.

This isn't likely to be good for the business climate.

[dalio]