All Inflation articles – Page 34
-
White papers
Shifts & Narratives #19 - The fiscal illusion: no free lunch for investors
The conversation regarding whether there is room for more aggressive fiscal policy is a hot political topic today. In the US, the debate is likely to become even more inflamed as we approach the midterm elections. In fact, these are at risk of becoming an evaluation of President Biden’s policies in light of the excessive fiscal spending carried out in response to the Covid pandemic (and its subsequent impact on the economy).
-
White papers
Shifts & Narratives #18 - The power of narratives for investors
A narrative is a popular story that arises from the public consciousness of market events. The most viral and intense of these may dominate public attention. Narratives are rooted in popular beliefs and are not necessarily from economists’ minds.
-
Podcast
The Inflation Playbook
How does today’s inflation compare to history and how are higher CPI numbers impacting economic growth? What can central bankers do to combat inflation? And how can investors navigate this environment? Dr. Christopher Smart weighs in on these questions and more.
-
White papers
Inflation fighters: The case for real assets
Allocating to listed real assets may help investors better manage inflation risks—while also enhancing diversification potential and risk-adjusted returns.
-
White papers
Repricings & Reopening Trigger Shopping Center Outperformance
Despite the significant challenge of record high inflation, real retail sales in the Eurozone are projected to grow at 1.2% pa in 2022-26. This is a return to its long term post GFC trend and reflects the low consumer sentiment as well as high employment.
-
White papers
On my mind: The Fed has kept monetary policy too loose for too long
Inflation at 40-year highs poses the toughest of policy challenges. Yet America’s Federal Reserve (Fed) still hopes to meet it with an easy solution: bring the policy rate close to 3%, and as adverse supply shocks fade inflation will revert to the Fed’s 2% target. No need for a sharp monetary tightening à la Paul Volcker.
-
White papers
Market snapshot: Recession fears grow as central banks step up inflation fight
The Fed cut rates by half a percentage point for the first time in two decades. The yield on US 10-year treasuries edged above 3% this week as traders reacted to tightening monetary policy and ongoing uncertainty.
-
White papers
Market snapshot: Equities tumble as inflation reality bites
The latest US inflation data released this week sent ripples through markets, as investors took stock of the fact that despite the Federal Reserve’s efforts, consumer prices remain stubbornly high.
-
White papers
Market snapshot: Slowdown fears send equities spinning
Many analysts are revising growth forecasts for China as strict lockdowns in the world’s second largest economy stymie business activity. A soft landing looks increasingly unlikely as central banks struggle to calibrate a policy response that addresses high inflation without killing the economic expansion.
-
White papers
Is ‘quality’ a shield against inflation?
During the 3Q 2021 earnings calls, many companies raised a ‘red flag’ for inflation. An industry study by Bank of America Global Research assessed the number of times ‘inflation’ was mentioned by European businesses on these calls.
-
White papers
Europe’s investment outlook clouded by Ukraine, inflation shocks
The recovery in Eurozone economies from the COVID-19 pandemic has given way to concerns about inflation, higher interest rates and the impact of the war in Ukraine. Reliance on Russian oil and gas has highlighted Europe’s energy security concerns and delivered significant increases in living costs to households.
-
White papers
Inflation: Higher but Not Forever
High inflation and the consequences of attempts to curb it are a top concern for today’s investors. We believe that, by hiking rates, policymakers can eventually slow demand enough to subdue price pressures, even in an environment of constrained supply. But this process takes time.
-
White papers
Four Key Findings about the U.S. Yield Curve
The U.S. yield curve attracts a great deal of attention when it is close to inverting given its historical connection with U.S. recessions as well as sharp selloffs in equity and credit markets.
-
White papers
Navigating an inflationary environment in US and global equities
Forty years … That’s how long it has been since the Great Inflation, which lasted from 1965 to 1982 and saw inflation in the US climb as high as 13.5%. According to Michael Bryan of the Federal Reserve Bank of Atlanta, it was the “defining macroeconomic event of the second half of the twentieth century … there were four economic recessions, two severe energy shortages, and the unprecedented implementation of wage and price controls”.
-
White papers
Staying On Theme
When inflation, interest rates and global economic uncertainty are rising, cash today can seem more urgent than exposure to the markets of tomorrow—but could that mean investors risk missing out on the potential of thematic strategies?
-
Video
GTIS Partners President on Homebuyer Challenges
Tom Shapiro, GTIS Partners President & CIO discusses how rising mortgage rates and supply-chain disruptions have begun to weigh on the US housing market. (Source: Bloomberg)
-
White papers
Shoppers Keep Spending, But For How Long?
A risk-off tone was prominent this week in markets amid rising worries of stagflation, given aggressive monetary policy. Despite the solid U.S. retail sales data, retailers led a sharp decline in equities mid-week, which pushed U.S. Treasury yields lower.
-
-
White papers
Credit: This Time Is Different?
With market volatility at the extreme, Franklin Templeton Investment Solutions looks back at history to see what to expect from certain fixed income asset classes, noting that history may not repeat.
-
White papers
Are We There Yet?
Regardless of whether we get a hard or soft landing, we likely face a steep approach to the runway in trying to “land this plane.” The question is, how well consumers and companies absorb the slowdown, and whether sentiment is already bearish enough to create long-term value.