Head games: Investors have a lot of questions on their minds these days, and too few answers
In my opening remarks at our VIP – Americas conferences, I always try to recap some of the recurring themes we are picking up during discussions at our Editorial Advisory Board meetings around the world. The following is a recap of this year’s themes.
Global economic backdrop
First and foremost, investors around the globe are concerned about uncertainty in the global economic climate. Weighing heavily on investors minds these days: the continuing but painfully slow recovery in the United States; the global impact of the decline in China’s economic growth rate coupled with the recent consensus at Davos that global GDP growth rates this year will disappoint earlier expectations; OPEC’s challenge to the rise of U.S. oil and gas production and its potential impact on energy-driven space markets; and cross-border capital flows from new investor segments with different investment objectives. Geopolitical threats such as the crisis in the Ukraine, Rus