The Great Inflation of the 1970s saw not only price growth, but also inflation volatility, spike higher.
And even as inflation itself has fallen back more recently; inflation volatility has remained elevated.
Macro Bytes hosts Paul Diggle and Luke Bartholomew discuss why structural changes in the global economy, stalling globalization, geopolitical fragmentation, and climate change may all mean that is here to stay – and why this would have significant implications for financial markets and portfolio diversification.
Tune-in to listen to Macro Bytes on Apple Podcasts and Spotify.
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