The potential for an increase in inflation as a result of the pandemic and government mitigation efforts is a significant question that has implications for all asset classes. The level of interest rates is one of the major inputs used to calculate intrinsic value, and inflation expectations are a critical part of determining interest rates. In the Investment Outlook series below we outline the various issues and our evolving thesis. Please check back over time as we provide updates on ongoing data developments.
DOWNLOAD PIO July 2, 2021: Inflation Revisited
DOWNLOAD PIO March 5, 2021: Putting it All Together
DOWNLOAD PIO February 26, 2021: Is Inflation real?
DOWNLOAD PIO February 19, 2021: Reasons Why Inflation Readings May Increase