Protecting wealth in a world of recurring crisis

Happy Wednesday. I know the news is 'less good' today than it was when I last wrote you but writing these weeklies always puts me in a more positive frame of mind. Nevertheless, today's topic is about downside risk. My hope is to frame the economic scenario globally and then to offer some strategies of mitigating what I believe is significant downside investment risk.

I am going to go through the risks one by one, building on some of the themes from last week. I see the eight principal risks ...

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