What is scary to David Folkerts-Landau, Deutsche Bank’s chief economist, is not “we are living through one of the most unusual economic and financial periods ever.” This isn’t the primary concern. “The scary thing to me is how rarely anyone seems to acknowledge this fact,” he wrote in a recent research piece.
Deutsche Bank: Looking at historical oddity should be concerning, but investors and economists appear to not care
Kicking off the Konzept publication, “Reflections on unusual times— negative rates, buybacks and changing corporate governance,” the Deutsche Bank economist introduction paints a picture of the illogical as it benchmarks a unique point in economic history. After spending his academic and professional career at Harvard, Princeton and the University of Chicago, then...

