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BI-WEEKLY UPDATE
Chief Economist at BNY Mellon Investment Management
Welcome to the latest edition of Vantage Point.
The macroeconomic implications of the current turmoil are still unclear. But we believe that it is clear ‘something has broken’ in the move to a new, higher-rate world. So we focus on three scenarios that are distinguished by impact of the banking crisis, the underlying stickiness of inflation, and what that means for rates and asset prices.
REPORTS
The value of investments can fall. Investors may not get back the amount invested.
Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Managers Limited (BNYMFM), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.
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