Investing amid exacerbating inflationary pressures

Also Interesting

• Monthly Factor Report – Global
• The Yield Curve Briefly Inverted, Now What?
• Economic and Strategy Viewpoint

What is your view on inflationary pressures and the outlook for global growth? Philip: Global growth was recovering strongly post-pandemic, particularly in the US and Europe. The inflation spike is going to dampen this growth, the ramifications of which depend on how long the inflation spike lasts. From a cyclical inflation perspective, as we emerged from the pandemic we started to see a perfect storm of lower supply and strong demand, resulting in a pickup in inflation. Some of this is transitory inflation that should start to drop away towards the end of the year