Tall poppy syndrome hits home

Banks and coal miners are going to face challenges like never before.

Summary: If Hillary Clinton wins the Democratic nomination, the global banks in New York will be under attack. In Australia, the high fees that big banks are charging for wealth management will be in focus. Coal miners are also under attack but they have only themselves to blame as they should have invested in carbon capture technology. And Greece in the past behaved in a very cavalier way and is now paying with a severe recession.

Key take-out: I think the nervousness around a possible Greek exit from the euro is an opportunity, although it is very hard to pick the bottom.

Key beneficiaries: General investors. Category: Economics and investment strategy.


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