"This was an interesting week, in which it seemed that equity investors finally and abruptly got the message that high inflation is bad for the market."
Inflation is running hot, even before wage-price pressures have begun
"An inflation process, particularly when it starts from nothing as inflation is deeply forgotten, is a discovery process."
Few have the scope to loosen policy if economic conditions worsen
The succession of two major crises (the Covid-19 pandemic and then Russia's war against Ukraine) could lead to major and lasting changes to the world order. In today’s Focus, we review 10 potential macroeconomic and financial trends which could shape the next decade.
For institutional investors only
“The Prussian Monarchy is not a country that has an army, but an army that has a country”
"Peace, the charm's wound up."
"It’s easier to fool people than to convince them that they’ve been fooled."
