AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Navigating High Inflation and Rising Interest Rates
This chapter explores the persistence of high inflation in a stagflationary environment, highlighting shifts in inflation psychology due to supply chain disruptions. It discusses potential implications of higher future inflation expectations, including a generational bear market for bonds and skepticism towards post-COVID interest rate predictions. Concerns about the negative impact of rising interest rates on the economy, unresolved long-term issues, and the importance of financial preparedness are also addressed.