Wall Street Pros From Goldman to JPMorgan on New Inflation Era
- Goldman touts commodities, JPMorgan Asset prefers real assets
- Pimco pushes back on price fear as the market debate heats up
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It’s the invisible force rocking Wall Street: An inflation revival for the post-lockdown era that could change everything in the world of cross-asset investing.
As America’s dalliance with run-it-hot economics sends market-derived price expectations to the highest in more than a decade, Bloomberg solicited the views of top money managers on their make-or-break hedging strategies ahead.
One takeaway: The economics of trading from stocks and real estate to interest rates would be turned upside down if projections of runaway prices are to be believed.