Covid bubble in equities over, as inflation the topic du jour
ANALYSIS: Balancing inflation risks against growth risks.
The impact of sharply rising interest rates on equity markets is unquestionable.
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Inflation is the topic du jour. There are many contributors to inflation concerns; the impact of the largest fiscal stimulus in history which has created an explosion in household wealth that, along with household savings due to Covid, has driven consumer spending; the Russia/Ukraine war; and Covid
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