The “reflation trade” appears real, but risks are still elevated.
The “reflation trade” appears real, but risks are still elevated.
Heading into 2020, T. Rowe Price investment leaders believe global capital markets should be supported by continued economic growth and low but stable inflation rates. However, they also caution that a number of risks could trigger market volatility, including political uncertainties, slow earnings growth, and potential valuation excesses.
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