Our Market Optics chartbook contains data-driven insights that power our portfolio management teams’ views, ideas, and decisions. Each week, we’ll take a look a closer look at one of the charts.
This week’s topic: Global economy: Growth and inflation comparison
- Growth in the second quarter was outstanding but then slowed in the third quarter. The slowing was likely due to caution by households from the delta variant and lingering supply chain issues. We expect we could see a decent re-acceleration of activity in the fourth quarter.
- Growth momentum could spread globally, helping broaden the economic recovery.
- Inflation has been higher than many feared, but we should get more clarity over the fourth quarter about exactly how “transitory” inflation is as supply chains recover.
Originally Posted on October 8, 2021 – Global economy: Growth and inflation comparison
All investing involves risks, including the possible loss of principal. There can be no assurance that any investment strategy will be successful. Investments fluctuate with changes in market and economic conditions and in different environments due to numerous factors, some of which may be unpredictable. Each asset class has its own risk and return characteristics.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Disclosure: Wells Fargo Asset Management
Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company. These firms include but are not limited to Wells Capital Management Incorporated and Wells Fargo Funds Management, LLC. Certain products managed by WFAM entities are distributed by Wells Fargo Funds Distributor, LLC (a broker-dealer and Member FINRA). Associated with WFAM is Galliard Capital Management, Inc. (an investment advisor that is not part of the WFAM trade name/GIPS firm).
Disclosure: Interactive Brokers
Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.
This material is from Wells Fargo Asset Management and is being posted with its permission. The views expressed in this material are solely those of the author and/or Wells Fargo Asset Management and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.