Kyle Delaney, President and Chief Commercial Officer of Bridgewater, has made available for download his article, “Global Observations: An Economic and Markets Outlook from Bridgewater Associates“. The abstract is as follows:
The aggressive monetary and fiscal policy (“MP3”) response to the pandemic successfully transitioned economies from collapse, to liftoff, to a self-reinforcing cycle of nominal spending and income growth that is outpacing supply.
As a result, we are now facing the greatest potential for a sustained rise in inflation in 40 years. For policymakers, this would be challenging enough on its own. But the pandemic, fiscal uncertainty, and asymmetric ability of central banks to tighten versus ease make the coming choices especially difficult.
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.
Wealth Strategies Journal 