Independent Strategy

Price and prejudice

The reflation trade has taken on renewed urgency this year as the late-cycle fiscal stimulus delivered by the White House brought those already fretting over resurgent price risks to a fresh pique. The short-term cyclical drivers are certainly all pointing to a quickening of inflation. But are the risks of more sustained inflation real? Structural factors suggest not.

To read the full report - Login or Subscribe

SUBSCRIBE

In the Media