Inflation can be difficult to measure because different indicators such as the Consumer Price Index may use different price inputs. Donald explains how government spending and the economic reopening may affect inflation, and also why technology, digitization, and remote working are deflationary forces.
Finally, if rates rise further, it’s important for investors to watch the pace of the move and why exactly rates are rising.
“One of the lessons of COVID is that when you're dependent on external supply chains, things can get really messy and problematic for you.”—Frances Donald, Global Chief Economist and Global Head of Macroeconomic Strategy, Manulife Investment Management
About the Portfolio Intelligence podcast
The Portfolio Intelligence podcast features interviews with asset allocation experts, portfolio construction specialists, and investment veterans from across John Hancock’s multimanager network. Hosted by John Bryson, head of investment consulting at John Hancock Investment Management, the dynamic discussion explores ideas advisors can use today to build their business while helping their clients pursue better investment outcomes.
This podcast is being brought to you by John Hancock Investment Management Distributors, LLC, member FINRA,SIPC. The views and opinions expressed in this podcast are those of the speaker, are subject to change as market and other conditions warrant and do not constitute investment advice or a recommendation regarding any specific product or security. There is no guarantee that any investment strategy discussed will be successful or achieve any particular level of results. Any economic or market performance information is historical and is not indicative of future results, and no forecasts are guaranteed. Investing involves risks, including the potential loss of principal.