Market View (January 2017) – A Shift in Perspective
Daniel Yu | January 13, 2017
For our entire history as a nation we have debated the question, “How much authority should be centralized?” This discussion is not limited to the US, but is global in nature. After the 2008 crisis, many argued that economic decision-making needed to be increasingly regulated and centralized.
As the recovery that started in 2009 failed to reach historic averages, questions arose over whether or not the amount of regulation and centralization was too much. In 2016, two events demonstrated the level of discontent with the “new normal.” Read more.
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