The View | The risks taken in 2017 and their consequences are set to haunt us well into next year
The ongoing anti-corruption purge in Saudi Arabia remains the most disturbing event of 2017, but any threat to the greenback as the world’s reserve currency will result in US measures that could heighten internal instability
You’ve got to make the most of life. And it’s all about taking risks. But decisions have consequences.
Those three short sentences embody the choices made by investors and government leaders at the end of 2017 and as we head towards 2018.
“Trump derangement syndrome” is still chronic among some of the Americans who are still fighting their lost election. A sober analysis of US President Donald Trump’s policies and actions are important for understanding next year’s financial environment.
The ongoing anti-corruption purge in Saudi Arabia remains the most perplexing and disturbing event of 2017. We have not seen the end of this perilous family dispute that poses tremendous hazards for oil markets and geopolitics. It represents a dangerous Middle Eastern powder keg that has been primed by Trump – the former casino owner’s multi-position bet to re-align power in the region.
Former US President Barack Obama’s vacuous rhetoric and listless foreign policy is partially responsible for Trump’s muscular and risky response.
