Hmmmm...

by: Ormond Otvos

Thu Feb 04, 2010 at 17:24:05 PM EST

Just completed a panel on "weak signals" ... essentially, factors generally underappreciated (or, in market parlance, not priced in) with significant global implications for the future. A very wide ranging discussion. And notably, almost all the signals offered for discussion by the group were negative.

...snip...

4) Rapid geoeconomic and geopolitical change leads to a world increasingly lacking leadership.  Weak signals are becoming more problematic accordingly. Or, to be more bleak, we're actually in a pre-war, not a post-war environment, and we're assessing coming changes accordingly.