Newsletter Subject

Felix Zulauf: The Unipolar World Is Over

From

mauldineconomics.com

Email Address

subscribers@mauldineconomics.com

Sent On

Fri, Dec 8, 2023 04:08 PM

Email Preheader Text

Geopolitical tensions at multidecade highs Geopolitical tensions are running at multidecade highs. W

Geopolitical tensions at multidecade highs [Read Online]( [Global Macro Update] [Global Macro Update] Felix Zulauf: The Unipolar World Is Over By Ed D'Agostino | December 8, 2023 [Ed D'Agostino] Geopolitical tensions are running at multidecade highs. We all know about Israel v. Hamas and Russia v. Ukraine. But what about Guyana? Outside of my friend René Aninao at CORBU Research, today’s guest on Global Macro Update, Felix Zulauf, is one of the few geopolitical experts talking about it. Zulauf was a global strategist for UBS Bank and the head of its institutional portfolio management group. He went on to found Zulauf Asset Management. Today, he runs Zulauf Consulting, where he advises some of the largest and most influential institutional investors. The highest tier of financial professionals continually seeks out Zulauf’s guidance—something I hear time and again when he joins us at the Strategic Investment Conference. Zulauf only makes media appearances once a year, so we are fortunate to welcome him back to Global Macro Update. My last interview with Zulauf remains one of our most-watched ever. Today, Zulauf and I touch on Guyana because the conflict speaks to a bigger issue for investors: the end of the unipolar world. Guyana, to refresh all our memories, is a tiny country with fewer than a million people on the northeast coast of South America. It shares a border with Venezuela. For over a century Venezuela has maintained that Guyana’s Esequibo region belongs to Venezuela. At this point, though, the conflict is about oil and gas. In 2015, ExxonMobil made a major oil discovery off Guyana’s coast. Together with Hess and China's CNOOC, it’s been producing oil in Guyana since 2019. (The Esquibo region currently produces around 400,000 bpd, and that figure could top 1 million bpd by 2027.) This has transformed Guyana into the fastest growing economy in the world. Last year, real GDP shot up 62.4%. It’s no wonder Venezuela wants to grab a slice. On Sunday, Venezuelans voted to claim Guyana’s Esequibo region for itself. The vote wasn’t binding in any way. It was designed to give a translucent veneer of legitimacy to Venezuelan President Nicolás Maduro’s next steps. Here’s Maduro holding up his new map of Venezuela on Tuesday, with what he’s calling Venezuela’s “new state.” Source: [The Guardian]( The Guyana Defense Force is “on high alert.” But it doesn’t have much weight to throw around. So of course, it’s turned to the US for help. US Secretary of State Antony Blinken has reaffirmed US support of Guyana’s sovereignty. And the US military planned to conduct flights alongside the Guyana Defense Force yesterday. The US has good reason to protect the interests of US oil companies like ExxonMobil (and its investors). It doesn’t want Venezuela’s state oil company taking the 11 million barrels of recoverable oil and gas sitting off Guyana’s coast. But how many skirmishes can we manage? As Felix Zulauf mentions in our interview today: The world has to find the new order, which will likely be a multipolar order. And if we cannot achieve that through diplomacy, we have to go through wars. And when the top dog is weakened or considered to be weakened, you have all sorts of conflicts popping up… Even the US military has its limits. As do US purse strings. That is part of the reason Republicans are currently blocking a $110 billion bill that includes more aid for Israel, Ukraine, and Taiwan. In today’s interview, you’ll hear why Zulauf and I agree that the era of the unipolar world is over, along with what this means for the global economy and the markets. You will also hear: - How bond investors could get burned - The year he sees a potential crash coming - Why extreme concentration in the markets is a problem. You can watch my full interview with Felix Zulauf on YouTube by clicking the image below. A full transcript of our conversation is available [here](. Best regards, [Ed D'Agostino] [Ed D'Agostino] Ed D'Agostino Publisher & COO Mauldin Economics You can follow me here: - X (formerly Twitter) [@EdDAgostino]( -  [LinkedIn]( Suggested Reading... [The Survival of the Republic](  [Who's in Charge Here?]( Don't let friends miss this timely insight— share it with your network now. Share Your Thoughts on This Article [Post a Comment]( Did someone forward this letter to you? [Click here to get]( Global Macro Update in your inbox every Friday. [Read important disclosures here.]( YOUR USE OF THESE MATERIALS IS SUBJECT TO THE TERMS OF THESE DISCLOSURES. --------------------------------------------------------------- This email was sent as part of your subscription to Global Macro Update. [To update your email preferences click here.]( Mauldin Economics | 1417 Sadler Road, PMB 415 | Fernandina Beach, FL 32034 Copyright © 2023 Mauldin Economics. All Rights Reserved.

Marketing emails from mauldineconomics.com

View More
Sent On

02/12/2024

Sent On

08/11/2024

Sent On

01/10/2024

Sent On

27/09/2024

Sent On

20/09/2024

Sent On

13/09/2024

Email Content Statistics

Subscribe Now

Subject Line Length

Data shows that subject lines with 6 to 10 words generated 21 percent higher open rate.

Subscribe Now

Average in this category

Subscribe Now

Number of Words

The more words in the content, the more time the user will need to spend reading. Get straight to the point with catchy short phrases and interesting photos and graphics.

Subscribe Now

Average in this category

Subscribe Now

Number of Images

More images or large images might cause the email to load slower. Aim for a balance of words and images.

Subscribe Now

Average in this category

Subscribe Now

Time to Read

Longer reading time requires more attention and patience from users. Aim for short phrases and catchy keywords.

Subscribe Now

Average in this category

Subscribe Now

Predicted open rate

Subscribe Now

Spam Score

Spam score is determined by a large number of checks performed on the content of the email. For the best delivery results, it is advised to lower your spam score as much as possible.

Subscribe Now

Flesch reading score

Flesch reading score measures how complex a text is. The lower the score, the more difficult the text is to read. The Flesch readability score uses the average length of your sentences (measured by the number of words) and the average number of syllables per word in an equation to calculate the reading ease. Text with a very high Flesch reading ease score (about 100) is straightforward and easy to read, with short sentences and no words of more than two syllables. Usually, a reading ease score of 60-70 is considered acceptable/normal for web copy.

Subscribe Now

Technologies

What powers this email? Every email we receive is parsed to determine the sending ESP and any additional email technologies used.

Subscribe Now

Email Size (not include images)

Font Used

No. Font Name
Subscribe Now

Copyright © 2019–2025 SimilarMail.