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The global economy is getting complicated and confusing. What is true today was not true yesterday, and the contours of tomorrow remain murky and ill-defined. Such are the turbulent and ever-shifting global cross-currents investors find themselves in at the moment. Here we attempt to make sense of the world we live in and to provide a few clues as to where we might be headed. We hope you will find the following information provocative and insightful and emerge with a better sense of “what's going on” in the world. © 2016