Commentary Tagged with “investment overview”
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.
Increasing vaccination rates and pent up demand could signal a summer of brisk growth, but much depends on our success in controlling the coronavirus. As we see the other side of the pandemic and the ensuing economic recovery, the associated long-term costs will eventually come due, but in the short term we seem poised for growth.