Category: USA

Fed to Tighten Till Markets Pushback

18 January 2022 In December, the US Federal Reserve abandoned its belief that rising inflation was "transitory", and signaled that monetary tightening may commence earlier that expected. In their defense, the extreme imbalances in aggregate supply and demand in both labour and goods markets (e.g. supply chain disruptions) during the 2020/21 economic recovery have complicated [...]

Mid-2021 Review: Inflation, Scarring & Tapering

6 June 2021 Typically, investors must juggle numerous factors while making their global asset allocation decisions. In this regard, the next 12-18 months may be more straightforward. By now, no one doubts massive monetary and fiscal stimulus will produce a sharp, V-shaped 6% global recovery in 2021, with China and the USA leading the way [...]