DAY TWO, 15:00-16:15
It has been a spectacular 18 months since the collapse of the West’s debt mountain led the world to the brink of a new depression, only to be saved by unprecedented monetary and fiscal stimulus. However, many people are concerned about the risks involved with this policy, whether real growth will return, and whether inflation or deflation represent the next stage. Meanwhile, low yields on cash have helped drive a spectacular rise in asset prices, assisted by the return of a weak dollar. Under these difficult circumstances, where can investors make money over the next 12 months?