Era of 'growthflation' is a strong opportunity for value investors

2022 is an ideal time

Over recent months, it has become increasingly clear that unprecedented levels of quantitative easing and extensive fiscal policy are feeding both an inflationary environment and an economic recovery.

The Bank of England's decision to raise rates to 0.25% is a strong indication that they no longer see inflation as transitory. The concern which remains is, in absence of a huge shock to the global economy,...