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That is the question that continues to dominate markets.
Two concerns are top of mind for investors: inflation overheating and peak economic growth.
As the global economy emerges from the pandemic, central banks are starting to reduce emergency stimulus.
The recovery continues to pick up speed, particularly in the U.S. and the U.K. where both nations have successfully vaccinated a majority of the population.
Canadian growth expectations, like the U.S., are outperforming this year, which is benefiting earnings expectations.
Fears of deflation have since morphed into fears of overheating after unprecedented increases in monetary and fiscal stimulus in a short amount of time and growing supply shortages.
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