This topic was extensively discussed at Wealth Management Institute’s Global Family Office Summit, Milken Institute’s Asia Summit and some of the bros at Token2049 all week.
The crescendo of the conference season in Singapore, in the middle of the soldout Singapore Grand Prix with an attendance of 270,000, coincided with the US Federal Reserve Board delivering as promised the beginning of the downcycle of rates with a 50 basis points (bps) cut.
Deftly managed with good central bank-speak, it was heralded with all the right messages, including being ahead of the curve and a soft landing in the US economy.
