Fundies keep wary eye on inflation risk
Fundies keep wary eye on inflation risk Share Inflation has been missing in action for a decade but fund managers and strategists caution that resurgent price pressure may emerge as a risk over coming years given the rebound in global growth fuelled by massive stimulus. Traditional measures of inflation remain subdued but market-based gauges of inflation expectations have risen strongly since their March lows as investors price in a recovery, higher commodity prices and a waning in deflationary trends like globalisation. GSFM adviser Stephen Miller: "There are signs that bond markets are begi...
Source: afr.com