With 2016 still fresh in most investors' minds, and questions about 2017 pressing, here is a summary, courtesy of Goldman's Allison Nathan, of where Goldman believes we closed out 2016, what is in store in the coming year, and ultimately, "what keeps Goldman up at night" about 2017.
2016, and a peek at 2017
Submitted by George Igler via The Gatestone Institute,
Authored by George Soros, originally posted at Project Syndicate,
Well before Donald Trump was elected President of the United States, I sent a holiday greeting to my friends that read: “These times are not business as usual. Wishing you the best in a troubled world.” Now I feel the need to share this message with the rest of the world. But before I do, I must tell you who I am and what I stand for.
Hot on the heels of China gold import restrictions, and India's demonetization and gold confiscations, The European Commission proposed tightening controls on cash and precious metals transfers from outside the EU under the guise of shutting down one route for funding of militant attacks on the continent, following the Berlin Christmas attack.
Confirming what most of us deduced long ago via the application of just a bit of common sense, Europol and Frontex, Europe's border and coast guard agency, are finally admitting that their intelligence indicates coordinated efforts on the part of ISIS to recruit asylum seekers, both in Syria and in migrant camps after they've already reached Europe, to carry out terrorist attacks. In a report published my Europol, counter-terrorism experts warn that, among other things, "Syrian refugee diaspora may become vulnerable to radicalisation once in Europe and may be spec