1/ Until a couple of months ago, people were commenting that the market was not pricing in political risk correctly (or at all). It's finally waking up (two years into Great Weirding) and doing what looks like pricing political risk. The spell of surrealism has broken.
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2/ I've noticed something similar in my consulting: that management cultures inside orgs don't seem to be factoring in the new political environment correctly (or at all) It has felt surreal, having same old org psych/software-eats-world/innovation convos like nothing's changed
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3/ In the market, the impact finally became visible as volatility returned after a year or more of preternatural calm. We've been saying "normal is over" for a while now, but the process isn't actually all-at-once.
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4/ Normalcy collapse is like a big bubble collapsing into smaller ones, which then collapse further. All the way down until individual bubbles collapse. I wrote about normalcy fields inhttps://www.ribbonfarm.com/2012/05/09/welcome-to-the-future-nauseous/ …
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Then you'll be glad to know I'm picking up that trail of thought again for deeper development :)
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