December 6, 2017 - Financial Times published an editorial by Albert Gallo, Partner at Algebris Investments, in which he discusses how ten years after the crisis, volatility and fear have disappeared from markets. He argues in this piece that a synchronous global expansion coupled with persistently loose monetary policy produced a Goldilocks era for asset prices, culminating in fantastic returns in 2017. If you are asking, will it last for another year? Mr. Gallo's short answer is: we have reasons to be cautious.
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