Our Market Optics chartbook contains data-driven insights that power our portfolio management teams’ views, ideas, and decisions. Each week, we’ll take a look a closer look at one of the charts.
This week’s topic: Global economy: Growth and inflation comparison
- Europe is ramping up its vaccinations and the economies are reopening, but the rise in COVID-19 variants is weighing on countries like Japan and many emerging markets. This is continuing to create an uneven economic rebound.
- The market has seemed to shift its fears from “peak inflation” toward worries about whether we’re seeing “peak growth.”
- This shift in worries, which may linger for the summer, can create distortions where active security selection can hopefully identify the relative winners and losers.
- From our view, when it comes to the growth outlook, going from great to good isn’t bad for equities.
Originally Posted on July 15, 2021 – Global Economy: Growth and Inflation Comparison
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