Heading into an inflationary environment potentially 'damaging' for portfolios

Speaking at Professional Adviser's Working Lunch series, Lennard discussed the impacts the pandemic has had on portfolios and what to do next. "Covid-19 has enlisted an absolute sea change," he said. "Not only are we seeing stimulus in a scale never seen before, but you're now seeing stimulus from the two major parts of the economy - both the monetary authorities and the fiscal authorities - acting at the same time. "Most of us are desperate to get out and spend some money and, in a large way, people are actually better off than they were 12 months ago because their employment has bee...