Inflation in 2010 and Beyond? Practical Considerations for Institutional Asset Allocation
نویسنده
چکیده
There is undoubtedly a case to be made for higher future inflation; there are also strong arguments for more moderate levels. Our aim in Part I of this series is not to predict, but rather to outline what we believe are the key issues surrounding the inflation debate, and to clarify some misconceptions about inflation and inflation-linked assets. We also offer some analysis which investors may find helpful in deciding how to position a portfolio for various inflationary environments. In a follow-up paper to this series, Part II will discuss the potential rewards and risks of holding various assets in a portfolio during distinct inflation and economic environments.
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