Crossing the Rubicon: Geopolitics, Inflation, and Active Management
|
The massive policy stimulus implemented to combat Covid-19 disruptions began to wane late in 2021, and still-elevated inflation suggested tighter monetary policy in 2022. The recent Russia-Ukraine conflict presents new hurdles for energy markets, supply chains, inflation, and interest rates. The world may have crossed the Rubicon, and the decade ahead could be fundamentally different than the one we’re leaving behind. In the April edition of our quarterly Asset Allocation Viewpoints Webcast, our panel discussed today’s uncertain environment and how it could signal a new set of challenges for active investors.