1 day ago
Is inflation transitory or permanent?
Bank of America ran a survey asking investors if they thought that the inflation was transitory or permanent. 72% of the surveyed investors believed that we are only experiencing a transitory inflation, while the rest thought that it was here to stay. While the Fed seems to believe in the first alternative, there are no significant certainty backing up this assumption. Portfolios will likely need to be adjusted to face a inflationary scenario and go for a more aggressive approach.