Edward Bonham Carter, vice-chairman of Jupiter Asset Management, has said the outlook for inflation will be a key concern going into next year, as there is a "question mark over how long wage growth can remain subdued" in some developed markets.
In his outlook for 2018 commentary, Bonham Carter said market behaviour will continue to puzzle economists and investors in 2018. He said: "Economic growth though is likely to remain supportive for markets in 2018, with developed economies famously enjoying a Goldilocks moment. However, he added growth is not strong enough to stoke inflation, but also not too weak to see unemployment rise. Bonham Carter: Politics, the uninvited guest claiming its place at the top table "The outlook for inflation is likely to remain a source of concern in 2018," he said. "There is a question mark...
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