Laith Khalaf welcomes the new year with a look at the ever-present risk of inflation to markets and portfolios...
Last year will be remembered as the year that Russia invaded Ukraine, inflation returned to the global economy with gusto, and monetary policy was aggressively tightened in major economies. The initial impact of these shocks has already been felt across capital markets, but I suspect that in 2023, we will see more of the fracture lines making themselves known, and no doubt some fresh risks emerging. In particular, economies and capital markets are still in a state of transition from a long period of cheap money to more normalised levels of interest rates. Clearly, this process has alr...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.