EVENTS:   Acceleration in the Energy Transition - David Scott/CHA-AM Advisors - 12 May 26     ROADSHOWS: Consumer Research & Industry Trends focused on US Retail, E-Tail, and Consumer Products Companies - Scott Mushkin /R5 Capital   •   London   07 - 08 May 26       US Equity Short Research & Strategy - Zach Shannon /Corto Capital Advisors   •   New York   18 - 19 May 26       Investing in Constraint: Governance, Scarcity, and the Next Phase of the Energy Transition - François Boutin-Dufresne & Félix-A. Boudreault & Lenka Martinek /Sustainable Market Strategies   •   London   18 - 19 May 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.