Christopher Smart

The real uncertainty lies in the rising resistance to China’s manufactured surplus

Liberal democracies must confront the challenges posed to the traditional financial system

Investors should brace for a confusing environment of competing safe havens

Isolated superpower will remain a headache for political and business leaders

With a fresh surge of inflation increasingly unlikely, the market outlook is far better than it was a year ago

Investors navigating daily market volatility must come to terms with rising risks