By Meral Karasulu, PhD, Director of Fixed Income Research, Global Debt Team, and Turgut Kisinbay, PhD, Director of Fixed Income Research
The trend may have peaked, but we don’t think it’s ending.
Globalization means many things - migration, the exchange of ideas and culture, and trade and cross-border capital flows, to name a few. Increased trade tensions, especially between the US and China, have shined the spotlight on the topic and raised the questions, “Is the end of globalization at hand?” and “What are the implications for investors?”
Here, we define globalization narrowly to