No recession but beware ‘inflation rollercoaster’, BlackRock says
The global outlook is ‘nuanced’ which means investors need to be ‘nimble’.
While inflation will settle at a lower rate there will be spikes along the way, according to the US$9tr asset manager.
Inflation is moderating around the world but there are still forces at work which will see the “inflation rollercoaster” continue to have an impact on global economies and markets.
This is the view of Wei Li, global chief investment strategist at US$9 trillion (NZ$14tr) asset manager BlackRock,
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