I’m not sure what was more surreal last month – hearing that Donald Trump was about to go to Davos to tell everyone how great America is as an investment or watching his chief economic adviser, Gary Cohn, deliver the news on TV.
Cohn seemed convinced in his own message, although it was interesting to see his old firm, Goldman Sachs, suggest that emerging markets offer a better opportunity than the US this year. Yes, that’s right – some of those ‘shithole’ countries may outpace America’s growth.
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