Is the ‘schwarze Null’ a black hole ?
Black zero has been the cornerstone of responsible German budgets but, with looming economic uncertainty, there are many reasons to reconsider
Total Market
China - U.S. Relations - a Situation
Problems can be addressed, one at a time because relevant solutions may be at hand. A geopolitical situation, with many adversarial issues in the mix, might be serene or explosive, tolerated either way, but never wholly satisfactory
Bisogna che tutto cambi ?
Demography is an incontrovertible force, driving the underpinnings of Italy's aging society to breaking point. The creeping danger of a numerical decline of the workforce has become a brutal reality bearing down alarmingly on labor productivity
E la nave va ?
Italians, conflicted – likable and engaging and torn between hopes of yesteryear and today’s reality – tread a narrow path between a make-believe tantrum, irreversible commitments in the name of uncertain policies and actual structural reform
Balancing risk and return expectations over the business cycle
With the launch of a number of low volatility funds, the fact higher risk may not after all – and over time – be rewarded with higher performance, as the theory suggests, has been given publicity