21 August 2022 - 18:13The first half of 2022 was traumatic for investors. Just as the global economy was rebounding from Covid-19 the war in Ukraine sowed chaos through financial and commodity markets and worsened existing inflationary pressures.
Central banks are under pressure to act, despite being ill-equipped to cool supply-side inflation. Volatility has increased across most asset classes and can be expected to remain elevated if inflation persists. We have seen some of the worst first-half returns for equities and bonds in many decades, but there may be more to come...If you have already registered or subscribed, please sign in to continue.
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