Report
Peter Warburton ...
  • Tom Traill
  • Yvan Berthoux
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Market Focus June 2020

In 2019, doctors placed humans in suspended animation for the first time, in a trial designed to make it possible to fix traumatic injuries that would otherwise cause death. The technique is known as Emergency Preservation and Resuscitation (EPR). Over at the US Federal Reserve, they have been working on a similar procedure for the corporate credit market. aimed at stabilising the price of credits that would otherwise be in mortal danger. The success of both techniques entails a rapid cooling process in which brain activity almost stops. In the medical field, the longer the period of suspended animation, the greater the risk of reperfusion injuries (cell damage) during warm-up.  The Fed, on the other hand, sees suspended animation as a semi-permanent state and the risk of brain damage as a price worth paying.

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Economic Perspectives
Economic Perspectives

Economic Perspectives is a trusted provider of global macroeconomic and financial research with clients in North America, Asia and the UK.

EP research weaves complex and diverse information into coherent macro narratives, providing clear analysis and original market insights for global investors. Our clients benefit from our long experience in connecting economic developments with the credit and financial market outlook.

The analysis of developments in global private sector credit markets is fundamental to our understanding of the global economic and financial outlook. However, the actions and interventions of central banks and government have become increasingly important to our economic assessment.

For several years we have maintained that the only credible resolution of the 2008 global credit crisis is a resurgence of global inflation. We take an eclectic approach to the inflation outlook, considering political and socio-economic factors alongside macroeconomic drivers. We provide the multi-dimensional appraisal of the inflation outlook that is critical to formulating a successful investment strategy, at a time when inflation complacency is rife.

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Peter Warburton

Tom Traill

Yvan Berthoux

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