Supply Chain Strain
Exploring how disruptions in the manufacturing, labor, and commodities markets may affect inflation and fixed-income investments.
Supply Chain Strain: Overview
One of the most salient economic consequences of the COVID-19 pandemic has been the sharp disruption of global supply chains. The evolution of these disruptions present significant market implications given its effect on the inflation outlook and the policy response. A more benign inflation outlook from these sources should reveal compelling opportunities as markets price in prolonged inflation and substantial monetary policy tightening.