The share of national income that is distributed to labour vs. capital has fallen to historically low levels in several advanced economies, such as the United States and the United Kingdom.
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Investment talks - Time to reconsider US growth and value?
The outperformance of growth stocks over value stocks has reached record levels, as has the valuation gap.
Investment talks - A civil Vice Presidential debate has little impact on the race
There was probably more heightened interest in this debate compared to most VP debates. First, following last week’s raucous debate that failed to shed new light into policy, viewers will be eager to see a civil and substantive political debate. Second, given the health and age of the presidential nominees, voters will be scrutinizing Pence and Harris to see if they are capable of becoming commander in chief at a moment’s notice. The debate covered nine topics such as COVID-19, the role of the Vice President, Economy, Climate Change, China, Role of US leadership, Supreme Court, Racial Justice, and, finally, acceptance of the Election Result.
Climate Change Investment Framework
Unprecedented times. The global outbreak of Covid-19 has brought the world and its economy to a standstill, highlighting the importance of sustainable and resilient infrastructure (healthcare, water, power, telecommunications). Countries with fragile infrastructure have less capacity to handle crises, so they will need to increase their infrastructure investments. This is especially crucial in the context of health security and rapid urbanisation.