Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.
Emerging markets are powering through their biggest rally in 15 years as investors channel capital back into developing economies that combine high real yields, improving fundamentals, and more attractive valuations than their developed-world peers, says Nigel Green, CEO of deVere Group.
