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Curated by Project Syndicate

What Now for Global Trade?

11 commentaries

The prospect of bilateral trade agreements involving the US, the EU, and much of Asia suggests that global trade negotiations are being superseded by huge new regional pacts. Will abandoning multilateralism reduce or exacerbate the political and economic risks of liberalizing trade among the world's largest markets?

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  1. roubini160_Spencer PlattGetty Images_stock market Spencer PlattGetty Images

    Inflation Will Hurt Both Stocks and Bonds

    Nouriel Roubini

    The longstanding negative correlation between stock and bond prices is an artifact of the low-inflation environment of the past 30 years. If inflation and inflation expectations continue to rise, investors will have to rethink their portfolio strategies to hedge against the risk of massive future losses.

    shows why the hedging strategies of the past three decades may no longer make much sense.
    2

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