EVENTS:   The Roaring 2020s or a Rerun of the 1970s? - Edward Yardeni/Yardeni Research - 24 Mar 26   Best Equity Short Ideas Conference Call 13 - Thomas Chanos/Badger Consultants & Dr. Aaron Fletcher/Bios Research & Jonathan Telgener/Channel Dynamics & Ed Steele/Iron Blue Financials & John Zolidis/Quo Vadis Capital & Mark Hiley/The Analyst - 26 Mar 26     ROADSHOWS: Chinese Equity Ideas & Channel Checks Across 50 sub-sectors - Don Ma /Horizon Insights   •   London   23 - 27 Mar 26       Long Short European Equity Research - Harry Grist /The Analyst   •   New York   26 Mar 26       Fundamental US Healthcare Short Ideas - Dr Elliot Favus /Favus Institutional Research   •   London   27 - 27 Mar 26      

Will Labour Markets Break the World?

Talking Heads Macro

Tue 18 Oct 2022 - 15:00 BST / 10:00 EST

Topics

Inflation is structurally higher because of demography. The Phillips curve has been resurrected because of China’s structural inflection

What matters now is whether inflation will persist and whether the economy will go into a soft or hard landing

Two dynamics unique to the pandemic are creating a divorce between labour markets and the rest of the economy. That makes inflation persistence and a hard landing increasingly likely.