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.
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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