By Michael Hasenstab, Ph.D., Executive Vice President, Chief Investment Officer, Templeton Global Macro
While some observers might worry that the current global economic cycle is ending, Templeton Global Macro CIO Michael Hasenstab characterizes the slowing growth we are experiencing as a cyclical slowdown, not the end of the cycle. He is more concerned with the political vulnerabilities he's seeing in the global economy today, and says the world's increasing fragmentation due to populist policies is a major concern.
A World of Extremes
I'm often asked what I see as the biggest risks within the global