Barometer: Dealing with Delta

Pictet Asset Management
By September 7, 2021 15:40

Barometer: Dealing with Delta

Asset allocation: stimulus and vaccine offer enduring support

Economic growth has clearly slowed in recent months thanks in large part to the spread of the particularly infectious Delta variant of Covid. Still, with monetary stimulus in plentiful supply and vaccination rates holding firm, this dip could prove to be temporary.

Whether inflation will be transient is not so clear, however. So far, much of the increase in inflation results from distortions caused by changing consumer behaviour – a narrow group of items such as used cars and holiday accommodation accounts for most of the price increases seen in recent months – and base effects. A concern, though, is that price pressures are starting to seep into other areas, like services.

 

Author Details

Pictet AM is an independent asset manager, overseeing more than CHF206bn for our clients across a range of equity, fixed income, multi asset and alternative strategies. We provide specialist investment services through segregated accounts and investment funds to some of the world’s largest pension funds, financial institutions, sovereign wealth funds, intermediaries and their clients.

Website:pictet.com

Heiko de Boer
Senior Sales Manager, Netherlands
Tel: +31 20 240 3140
E-mail: hdeboer@pictet.com

René de Wit
Senior Sales Manager, Netherlands
Tel: +31 20 240 3140
E-mail: rdewit@pictet.com

Twitter: @PictetAM_NL
LinkedIn: Pictet Asset Management Nederland

Pictet Asset Management
By September 7, 2021 15:40

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