Pro Macro: In Focus – Cockroaches

Published on: June 14th, 2022

There is never just one cockroach. The fortunes of the Private Equity (PE) Masters of the Universe wouldn’t normally impact the lives of us ordinary mortals. Unfortunately, in another example of correlation, the recent collapse of PE valuations is impacting more mainstream strategies. Meanwhile, evidence is rising that our dream team policymakers are heading rapidly towards policy error. A dismal mix.