Allison Nathan of Goldman Sachs Research dives into macro developments that are top of mind for investors, executives and policymakers.
Despite mixed progress on global climate action at COP26, a key takeaway emerged: the private sector is stepping up to tackle climate change. What role it should play, how effective current investor strategies are, and how these strategies square with asset managers’ fiduciary responsibility—is Top of Mind.
Sharp upside inflation surprises that have pushed US inflation to 30+-year highs have fueled concerns that “temporary” pandemic-related inflationary pressures could prove persistent, raising the risk of a damaging wage-price spiral that could force the Fed into a costly tightening cycle. Where inflation goes from here—and what that means for the economy, monetary policy, interest rates and assets—is Top of Mind.