04/26/2022

Review of the week: The money squeeze

People are starting to react to increases in the cost of living, cutting non-essentials and spending less. Central banks are soon to follow suit by increasing interest rates further.

04/22/2022

The return of inflation

The Russia-Ukraine war, the impact on commodity prices and a new Covid outbreak in China are among the key uncertainties facing the global economy. Higher inflation is a universal concern, but the policy reaction is far from uniform.

04/21/2022

The real cost of funding

In the latest instalment of Simply Put, we explore the difference between macro and market real rates, and consider why market real rates are more influential for equities during periods of high inflation.