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DJCB - Positioning Portfolios For A Variety Of Inflation Scenarios
ETRACS BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN SERIES B
The near-term outlook for inflation continues to suggest a temporary spike, reflecting an adjustment higher in price levels as the global economy recovers from the effects of the pandemic.
In Europe, we expect GDP to normalize to pre-pandemic levels in 2022, with inflation remaining low and increasing gradually over the next 12 to 18 months.
With the Fed actively trying to stoke inflation, the five-year breakeven inflation rate is elevated.