As a macro investment shop our focus is on the big picture. We look for the themes that will shape markets and often history. We all know the Middle East is unstable, we all know the U.S. elections today are a disaster today regardless of who wins, we all know that we are consuming resources on Earth far too fast. What you may not know is that you are about to participate in a sport you didn’t choose to join. You are going to be hunted. Did you spill your espresso as you read that?
Welcome to the OECD’s Common Reporting Standard (CRS), a modern day witch hunt and the biggest assault on privacy that no one is talking about.