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Vantage Point: Measure twice, cut once

This year has seen markets consistently flip between two dominant narratives. In one, thanks in part to artificial intelligence (AI), growth is strong, inflation falls quickly, and interest rates come down rapidly. In the other, growth is slowing, but inflation is sticky and interest rates have to stay ‘higher for longer’. These two stories have very different potential implications for asset performance. Read the latest edition of Vantage Point to find out how the Global Economics and Investment Analysis (GEIA) team at BNY Advisors sees the next scene play out.


Il valore degli investimenti può diminuire. Gli investitori potrebbero non recuperare l’importo investito.
 

I gestori sono nominati da BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Managers Limited (BNYMFM), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) o dalle società affiliate per svolgere attività di gestione dei portafogli, nell’ambito di contratti per l’erogazione di prodotti e servizi, sottoscritti dai clienti con BNYMIM EMEA, BNY MFML e con i fondi BNY Mellon.