Inflation

Managed by Thomas Wells

Recent softer price indications from the US brought us back another year in terms of the battle between those who believed we were set for long-term secular stagnation and those who believed we were on a new reflationary path.

Italy remains a risk

Up from 0.3% in May 2016

Favours EMD to mitigate rising rates

Rising 'negative inflation' a systemic risk

Four-year high

Expects above target inflation for three years

The Trump presidency is still in its infancy and the future remains uncertain. How will his policies impact investors around the world?

Targetting companies with 'pricing power'