Are we experiencing a conventional economic cycle? Or did the financial crisis of 2008 and subsequent global economic downturn mark the beginning of a “new normal” characterized by fundamental changes in the use of leverage, trajectory of globalization, nature of consumption patterns, and appetite for risk taking?Read the entire article here.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Wednesday, December 2, 2009
Boeing, Estée Lauder, Smith International, and Visa Executives Discuss Strategy After The Downturn: McKinsey Quarterly
Posted By Milton Recht
From December 2009, Mckinsey Quarterly, "Navigating the new normal: A conversation with four chief strategy officers," including video and transcript.
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