Goldilocks and the risk of boom-and-bust

In Short

Interview with Vincent Chaigneau, Head of Research at Generali Insurance Asset Management

The ongoing fall in volatility across asset classes tells us about increasingly confident investors, but there are asset price inconsistencies that make this an unstable equilibrium, says Vincent Chaigneau, Head of Research at Generali Insurance Asset Management

In our latest video, he explains how excessive confidence in Goldilocks may lead to a boom-and-bust scenario, whereby resilient demand forces central banks to tighten even more, causing a later bust.

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