Bob's key themes The major themes are unchanged - anaemic global growth/mediocre fundamentals, what I consider to be extraordinarily and dangerously loose...

Bob's key themes The major themes are unchanged - anaemic global growth/mediocre fundamentals, what I consider to be extraordinarily and dangerously loose (monetary) policy settings, very poor global demographics, excessive debt, an enormous misallocation of capital driven by the state sponsored mispricing of money/capital, and excessive financial market/asset price speculation at the expense of any benefit to the real economy.