Why UK Value Stocks Are Still the Trade of the Decade
Merryn Talks Money
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The Fed's Prognostications Are Driving Their Decisions
If you know that the consensus view on inflation is it's going to dissipate reasonably quickly, having some part of your portfolio that's betting may be a useful response. I'm saying, let's expect inflation to have higher odds of being higher and longer than most people think. It could settle back down, but it very likely won't. And in that environment, bonds are troublesome. Stocks are troublesome until they're cheap. So in the UK, I'd be fine with stock ownership. In the US, I wouldn't.
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