Amid the Alpine peaks of the Swiss resort of Davos this week, politicians, investors and executives are busy debating whether we are witnessing peaks in multiple key drivers of the world economy.
From oil demand, car production and the proportion of young people as a share of the population, to less-measurable themes like globalization, inequality and central banking power, there's an argument that before the end of the 2020s each will have started to ebb.
Strategists at Bank of America Corp. are already telling clients to brace for a "ground-breaking 'peak decade'" that will disrupt business and investing. Ian Bremmer, a delegate at the World Economy Forum's annual meeting and founder of Eurasia Group, has described this year as a "tipping point."
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