In Russian roulette, as in life, we’re often enjoined that: “If at first you don’t succeed, try, try and try again”. Central banks have clearly taken this dictum to heart, and remain highly committed to trying to inject inflation into the global economic system, despite repeated failures in Japan and the West. The immediate impact of the coronavirus pandemic has been deflationary. As a massive economic contraction took place, and an associated output gap opened, demand shortfalls (although butt ....
09 Dec 2020
A bumper harvest?
JPMorgan Emerging Europe Middle East & Africa Securities PLC Shs GBP (JEMA:LON), 0 | BlackRock Frontiers Investment Trust PLC (BRFI:LON), 147 | Barings Emerging EMEA Opportunities PLC GBP (BEMO:LON), 0 | Blackrock Latin American Investment Trust PLC (BRLA:LON), 382 | Blackrock World Mining Trust PLC (BRWM:LON), 564
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A bumper harvest?
JPMorgan Emerging Europe Middle East & Africa Securities PLC Shs GBP (JEMA:LON), 0 | BlackRock Frontiers Investment Trust PLC (BRFI:LON), 147 | Barings Emerging EMEA Opportunities PLC GBP (BEMO:LON), 0 | Blackrock Latin American Investment Trust PLC (BRLA:LON), 382 | Blackrock World Mining Trust PLC (BRWM:LON), 564
- Published:
09 Dec 2020 -
Author:
Callum Stokeld -
Pages:
7
In Russian roulette, as in life, we’re often enjoined that: “If at first you don’t succeed, try, try and try again”. Central banks have clearly taken this dictum to heart, and remain highly committed to trying to inject inflation into the global economic system, despite repeated failures in Japan and the West. The immediate impact of the coronavirus pandemic has been deflationary. As a massive economic contraction took place, and an associated output gap opened, demand shortfalls (although butt ....