Inflation in the economy and deflation of financial assets. The costs of the central banks' "crisis"
Lemanik webinar | Maurizio Novelli | Wednesday, Nov. 30 at 11 a.m. CET
The global economy is going through a number of major challenges: the highest inflation in decades, tightening financial conditions in most countries, Russia’s invasion of Ukraine, and soaring gas and oil prices, all of which weigh heavily on the outlook for the new year and beyond.
The paradigm that underpinned the recovery of the world economy after the 2008 crisis, based on debt-financed demand, is in danger of collapsing in the face of rising credit costs and because of the devaluation of real incomes.
After years of inflation on financial assets and deflation in the real economy, we have now entered an environment of inflation in the real economy and deflation on financial assets…
An in-depth discussion by Senior Portfolio Manager Maurizio Novelli
Wednesday 30 November March at 11 a.m. | Registration required at: https://bit.ly/3ABMGdd
Meeting reserved for industry professionals only.
Held only in italian.
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