Commentary Tagged with “inflation”
Friction between pent-up demand and supply limitations is driving short- to medium-term inflation and fixed income returns continue to be challenged by low rates. Global vaccination rollout and whether we can collectively control the delta variant may be the key to continued recovery and growth.
Inflation is rising, and bears close monitoring, but it is also an expected outcome of much-needed economic growth. A well-constructed portfolio focused on the long term likely does not need a major overhaul.