- While inflation is likely to moderate from these very high levels during 2022, we believe it will settle and persist at a rate higher than we have become used to over recent cycles.
- The journey towards structurally higher inflation is beset with unusually high cyclical uncertainty.
- We think that means a portfolio that is prepared for higher inflation should contain not only assets that can mitigate against and take advantage of inflation, but also assets that can diversify against the uncertainty and volatility of that journey.
For further details see:
The Inflation Inflection: Adjusting To The New Paradigm