Paul Donovan
Coverage of Paul Donovan in the Nexus archive.
- China’s exports are so huge they’re now lowering inflation in other countries
China's exports are growing despite U.S. tariffs, with their affordability reducing inflation in developed markets. U.S. and Chinese trade data show discrepancies, with China reporting rising exports to the U.S. and declining imports. Goldman Sachs highlights China's role in lowering living costs in developed economies through its exports and increased self-sufficiency.
- Wealth is going ‘woke,’ says UBS: Rich people are now ‘younger, more female—and more openly queer,’ thanks to the Great Wealth Transfer
UBS reports that the Great Wealth Transfer will shift wealth demographics toward younger, more female, and openly queer individuals over the next two decades, with $80 trillion expected to be transferred. LGBTQ+ and women investors are projected to influence investment strategies and capital costs as they inherit larger portions of family wealth.