“And the seasons they go round and round, And the painted ponies go up and down, We’re captive on the carousel of time…”
Joni Mitchell, The Circle Game
Russia escalates its military presence and leverages nuclear threats. The US Federal Reserve announces the pullback of its massive monetary stimulus. Tensions escalate in US-China relations, while China’s domestic growth slows. Middle East tensions also escalate with the outlook of a satisfactory nuclear arrangement with Iran doubtful and regional politics become more extreme.
Sound familiar? The year was 2014 and Laurus had just been founded.