Coordinated central bank support is tightening as inflation rears its head, meaning investors need to be prepared for a multitude of outcomes, says Mark Harris
Investors who think they've had it hard over the past decade might be in for a shock this year if they don't prepare themselves. Since the Global Financial Crisis of 2008/09, economic crises have been met with truly remarkable monetary and fiscal support from the world's central banks. Broadly speaking, this has led to a one-way trade, with the ‘don't fight the Fed' mantra buoying global stock markets. But with clear signals from the Federal Reserve, as well as some other central banks, that interest rates will rise - the Bank of England made its first move to hike in December - it...
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