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(1) Can Demand-Side Policies Push Productivity? Policymakers Will Try (2 min read)
Yellen’s 2016 comments that policymakers may want to be more accommodative where demand side policies can help to alleviate a supply side shock are now particularly relevant, writes Jon Turek. This is supportive of risk assets and the US economy.
(Jon Turek│26th April, 2021)
(2) Why Growth Stocks Are Looking Good Again (4 min read)
John Tierney presents the case for growth over value, particularly in the large-cap sector. And what Biden’s infrastructure plan could mean for large caps versus small.
(John Tierney│26th April, 2021)
The voice of monetary policy (VoxEU, 6 min read)
Commodity prices and banking crises (VoxEU, 4 min read)
The Geopolitics of Climate Change (Project Syndicate, 5 min read)
SPACs: An Uncorrelated Asset Class? (CFA Institute, 3 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)