Centro de Documentación de Fundación MAPFRE - Global markets overview : asset research team. may 2021

MAP20210015182

Global markets overview : asset research team. may 2021. — London : Willis Towers Watson, 2021

7 p.

Sumario: There are many drivers of current high US inflation: i) Base effects from low inflation one year ago; ii) aggressive monetary and fiscal easing; iii) a narrowing of spare economic capacity; iv) rising energy and industrial metals prices; v) an unwinding of pent-up consumer savings; and vi) supply chain squeezes due to Covid-19 restrictions. We believe a number of these forces, which are driving inflation over the short-term, are most-likely to prove transient and are likely to abate over 2022. However, we expect high inflation volatility in different sectors as the US economy moves to its post-pandemic new normal.

1. Mercados financieros . 2. Perspectivas económicas . 3. Riesgo financiero . 4. Política fiscal . 5. Crecimiento económico . 6. Inflación . I. Willis Towers Watson . II. Title.