All that glitters is not green
Were there a trend to define capital markets in 2020 (pandemic-induced volatility aside), I’d have classified it as the year ESG went mainstream. Of course, ESG factors have been discussed and debated for some time.
The US is truly exceptional!
You may or may not be familiar with the term US exceptionalism, this is distinct from “American exceptionalism” I might add and only a financial term. In a nutshell it is the concept that US assets look more attractive than those outside of the US, which leads to inflows from the rest of the world i.e. other emerging AND developed markets and subsequently …
