News & Insights
Diverging vaccination rates a concern for emerging markets
The recovery in emerging markets has taken a turn for the worse over the last two months. The IMF downgraded its GDP forecast for emerging economies by 0.4%.
The stock market is in perpetual motion
And so the merry-go-round continues. Government debt piles up whilst interest rates sink well below the prevailing rate of inflation. Real yields? A fading memory.
Let’s make an (infrastructure) deal
Inflation: transitory, persistent – or both?
June 2021 BMO Fixed Income Market Update
We witnessed significantly higher inflation than expected, including the highest monthly core inflation print in four decades, as well as a jobs report that underwhelmed projections so badly it shifted the narrative on unemployment policy.
Economic growth rebounds but government support expected to roll off
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.