"Blind Faith" Has Ended: The World Is A Complicated Place (And Getting More So)
"I’ve got news for you," warns Bloomberg's Richard Breslow, the world is a complicated place and getting more so, not less...
This is not your happy, some would say mind-numbing, environment where the only thing that ultimately mattered was blind faith in the global commitment of central banks to “do whatever it takes”. It will not serve investors well to fall back on analysis by reductio ad simplicate.