Inequality and deflation will be key trends in 2014, Saxo predicts

Steen Jakobsen at Saxo Bank — Steen Jakobsen, Saxo Bank

- Joel Clark
- 17 Dec 2013

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The macroeconomic landscape of 2014 will be dominated by inequality between rich and poor as a result of quantitative easing and widespread deflation, according to Steen Jakobsen, chief economist of Denmark's Saxo Bank.

Speaking at an event in London last night to coincide with the publication of Saxo's 10 "outrageous predictions" for 2014, Jakobsen voiced his concerns over the unconventional monetary policy pursued by multiple central banks, and the impact on the economic recovery.

"There will

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