The evolution of my thinking over the past week. I wrote this as an internal memo last week to our team. I'm sharing it broadly now in an effort to explain some common questions, namely, have we over-reacted? (answer: it's not so simple)
https://t.co/El0guUa1qi
In 2018, a team at Johns Hopkins wrote a report titled "The Characteristics of Pandemic Pathogens."
It examined the question of what was most likely to cause the next global catastrophic biological risk (GCBR). 1/n https://t.co/1KRoAMEavq
“The U.S. should immediately implement a nationwide stay-at-home policy and then move to a “stratified isolation system” until a vaccine is ready. https://t.co/1JwC0c6HEX
@kevin__177@SteveSaretsky@altusgroup That’s exactly it. Blackstone still very active this year. Definite shift in foreign capital from mainland Chinese in 2016/17 to US in 18/19
We've been looking at what explains the unusual strength of Canada's labour market. Employment growth in construction, manufacturing and retail & wholesale trade has been much stronger than we would expect based on GDP growth in those sectors (1/4) #cdnecon#cdnpoli
"the shift to a low-carbon economy appears to be “underway” as investors and consumers shift to lower-carbon sources. Assets will be increasingly scrutinized for carbon-related risks"
THREAD: Here’s why I think the @bankofcanada report today listing climate change as a vulnerability in the Canadian financial system is so important. I believe it could come to represent a pivotal moment in the low-carbon economy shift in Canada. Please read on and retweet: