Monthly Commentary: December 2021

December 16, 2021

Inflation is high and rising, as excessively loose monetary and fiscal policies have combined to create an environment of “too much money chasing too few goods.” Given the political backdrop in the United States, and the dual mandate of the Federal Reserve of full employment and price stability, we think higher than desired inflation will be with us for some time to come. Read more from our CIO, Stewart Russell.

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