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Europe’s economic growth ‘will collapse,’ and China will emerge a winner, says investment firm boss Louis-Vincent Gave
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Louis-Vincent Gave, co-founder of Gavekal Research, has been warning investors about a paradigm shift in the world order. Specifically, Gave says the assumptions underpinning financial assets need to be rethought due to a move toward a multipolar world and away from one dominated by the US and the dollar. His message seems especially germane now, given Russia’s invasion of Ukraine, the West’s dramatic sanctions, and China’s attempts to support Russia without jeopardising its economic ties with the West.
Gave, who served in...
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