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lehman brothers

May 25, 2011

It pays to be sceptical about economists. They’ve consistently failed to predict when investment bubbles will burst. Their simple indicators don’t capture the complexity of what is going on.

Family offices that pay for professional investment advice should expect to be kept well informed about trends in economic growth, inflation, interest rates, and currency volatility. This information is crucial for strategic asset allocation and investing across countries, sectors and stocks.

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