Inflation Outlook For Institutional Investors

Inflation: How to navigate when the hawks are circling

With the Federal Reserve announcing the largest rate increase since 1994, by 0.75 percentage points, and the Bank of England following suit with a more benign 0.25 point rise, it is clear that central banks are taking the sky-high inflation extremely seriously indeed. The selection of papers aims to provide professional investors with a wide range of in-depth analysis about what causes inflation and how to successfully navigate the current inflationary environment for improved returns.

Central Banks Ready to Fight Inflation? (RBC GAM, Apr 2022)

For compliance reasons, this paper is only accessible in certain geographies

Most central banks, especially in major economies like the U.S., have already expanded their monetary policy tools for the past two decades to deal with a series of crises.

Credit Insights: The upside of inflation (Insight Investment, May 2022)

For compliance reasons, this paper is only accessible in certain geographies

For investors who can successfully navigate an increasingly inflationary environment, there are opportunities to be exploited.

Geopolitical Risk Dashboard (BlackRock, Apr 2022)

For compliance reasons, this paper is only accessible in the United States and Canada

Geopolitical conflicts, such as the Russia/Ukraine war, and the sanctions that can follow, can destabilise markets and lead to heightened risks – including more inflation.

The Myth of the Fiscal Free Lunch: An investor’s viewpoint (Amundi, Jun 2022)

For compliance reasons, this paper is NOT accessible in the United States

We are living in an age of big government spending and big central banks' balance sheets. However, when looking at the former, there is no such thing as free spending.

Macro Insights Q2 2022 (Fisher Investments)

For compliance reasons, this paper is only accessible in certain geographies

Inflation is not the only risk investors need to factor in going forward. Increased volatility and fast changing market sentiment also need to be baked into capital allocation assumptions.

Podcast: Inflation in emerging markets (Lazard AM, May 2022)

The way rising prices are affecting emerging markets may be quite different from what is happening in the developed world. This podcast by Lazard AM shines a light on this dynamic.

Inflation Dynamics in Advanced Economies Explained (IMF, 2022)

In this interesting analysis, the IMF demonstrates the complexity of inflation – as an economic and financial phenomenon – while focusing on advanced economies.

Commodity Market Disruptions, Growth and Inflation (BIS, 2022)

This BIS paper explores the complex interaction between commodity markets and the wider economy, and how commodity prices can affect economic growth.

A Plethora of New Macro Trends (Crescat Capital, Apr 2022)

Inflation sits within a wide range of macro trends currently shaping financial markets and impacting the capital allocation decisions of many investors.