Coin Bureau, relaying another source: Inflation will rise

Said on Dec 25, 2022, at 12:09 in the video.

What was said
Coin Bureau

@coinbureau

“the authors think that even with the recession coming we are going to be living with inflation yes it will eventually cool once spending patterns normalize but it is likely to exist above policy targets for years”
Watch at 12:09BlackRock's 2023 Predictions: Where They Are Investing!!
PredictionInflationwill rise
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

InflationWindow checkedRecession (NBER)
−2%0%2%4%6%8%10%202020202021202220232024Said on Dec 25, 2022
−5%0%5%10%2020202120222024Said on Dec 25, 2022

Consumer price index (CPI): U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Somebody else's forecast — not scored

What was said around it

focus on inflation has come at the expense of growth and jobs more specifically the restrictive monetary policies of central banks are leading to more damage than the inflation itself while they acknowledged that the quote politics of inflation has taken over the narrative this could soon shift to the politics of recession if the central banks and politicians go too far it's for this reason that they think central banks will struggle to bring inflation back down to the two percent Target hence the authors think that even with the recession coming we are going to be living with inflation yes it will eventually cool once spending patterns normalize but it is likely to exist above policy targets for years in terms of asset allocation they think that this environment warrants inflation-linked bonds and other real assets the reason for this is because they think that the market expectations for inflation have always underestimated it you can see this in the chart over here where the median analyst expectations were projected out in 2020 2021 and 2022 in an environment where the market always underestimates future inflation you want to be in assets with inflation protection on the next page over

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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