
The Flywheel
Small insights building on each other




3rd Quarter, 2024
A quick way to measure market risk is to follow trends in financial leverage.


Small insights building on each other
Capricious intervention adds to market volatility.
Isolationism is not a path to sustainable economic growth.
Investment risks continue to become more diverse.
A quick way to measure market risk is to follow trends in financial leverage.
Markets have a poor record of pricing geopolitical risks.
Don’t underestimate the sustained resilience of the economy.