EVENTS:   Best Equity Short Ideas Conference Call 12 - Zach Shannon/Corto Capital Advisors & Craig Huber/Huber Research Partners & Thomas Beevers /Forensic Alpha & Ed Steele/Iron Blue Financials & Bill Campbell/Paragon Intel - 12 Nov 25   Will AI Deflate the World? Macro Lessons from Three Industrial Revolutions and China - Manoj Pradhan/Talking Heads Macro - 13 Nov 25     ROADSHOWS: Forest Products Sector Equity and Commodity Research With Expertise in Distressed Debt - Kevin Mason /ERA Research   •   London   12 - 14 Nov 25       Buyside to Buyside Forum and Expert Calls across TMT, Consumer, Healthcare and Fintech - Andrew Peters /Revelare Partners   •   London   17 - 19 Nov 25       Fundamental US Healthcare Short Ideas - Dr Elliot Favus /Favus Institutional Research   •   London   17 - 19 Nov 25      

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.