Why Predictions Matter (Even the Wrong Ones)

The transcript discusses the significance of predictions, even if they are incorrect, as highlighted in a Bloomberg View article. It reflects on the challenges of 2016, such as Brexit and Donald Trump's election, and their impact on base assumptions. The conversation with David Stubbs from JP Morgan Asset Management emphasizes the need for sophisticated risk management strategies in an uncertain world. It also highlights the availability of new financial products for investors. The discussion concludes with an analysis of market changes, including the end of the commodity crash and the recovery of financial systems in Anglo-Saxon economies, suggesting a different economic landscape post-crisis.

What new products are available to investors that were not available a few years ago?

In what way does the author believe the current market situation is different from the past?