Monday Macro – Long run returns from the Global yearbook plus Ukraine update

A deeper dive into the Credit Suisse yearbook on why the equity risk premium is falling and why diversification makes sense. Plus some excellent links on Ukraine. Look out for a dollar squeeze

Ukraine

Apologies for adding yet more noise to your day but I thought it worth sharing a few updates from this morning.

First off if you want a razor-sharp analysis of what’s going on militarily in Ukraine now I cannot recommend highly enough this hour-long interview by the military analyst, Russian expert, and veteran Rob lee with Noah Smith. Watch now a…