Reopening economies have strained global networks of distribution and upended labour markets. Silver linings though: it’s saved our head of multi-asset investments David Coombs £85.
The petrol crunch has caught out Will McIntosh-Whyte, our multi-asset portfolios fund manager, much to the glee of his electric car owning stepfather.
Earnings are booming in the West as the recovery rolls on despite investor nervousness.
Tougher times may lie ahead, but we believe the cyclical rally has further to run.
Recent inflation headlines have made for uncomfortable reading, and volatility picked up as investors remained sceptical of policymakers’ messaging. But we don’t think rising inflation is here to stay as there are too many other phenomena that will push it down.
Bond yields and a new season’s flowers both sprung up last month, heralding an end to the dark days of lockdown winter. Chief investment officer Julian Chillingworth ponders the big question on investors’ minds – does this also foreshadow a prolonged period of higher inflation?
With vaccines in the offing, many investors argue that inflation is just around the corner. Fill your boots with airlines, they say. Yet our head of multi-asset investments David Coombs has had his head in the 1970s lately, and it’s helped him spot a flaw in the plan.
Fears of inflation have spooked markets, but should you be worried? Rathbones have created a personal inflation calculator to help you see how your personal experience compares with the headlines.