Supply Change

How unstable is global trade right now? Is it the most tumultuous it's ever been? We’ve experienced a very long cycle of growth since the global financial crisis. In fact, if you look at the statistics, it's one of the longest periods of continuous expansion in history. Now, all of that isn’t going to last forever and it’s starting to unwind. we saw a peak in growth and now we're starting to see a synchronized decline in activity. So it's easy to assume that a lot of the Asian countries will feel the squeeze a little bit more than they did in the past. And whenever things are going down, all of the negative aspects of the economy, of fragilities, all of the political vulnerabilities tend to show as well. This expression of volatility and vulnerability is a bit more pronounced in Asia than in other parts of the world, because the region has become a lot more exposed to global trading supply chains.Did this all start with Trump, or is there something larger afoot? Is this a pattern that you’ve seen over time?Tr