The biggest debate in markets right now is whether inflation is transitory or not.
This matters. If inflation goes away, we can go back to low interest rates and soaring growth stocks and a contained bond market.
If it doesn’t – well, we might be looking at a lot more volatility in the likes of the Nasdaq and government bond markets than anyone is used to
The recruitment business is booming
There’s an interesting stockmarket update from London-listed recruitment company Robert Walters this morning.
