NewsBite

Why the market has suddenly woken up to inflation

Why the market has suddenly woken up to inflation

The mantra of ‘lower for longer’ is coming under pressure as investors realise the potential damage inflation could inflict on complacent portfolios.

Jonathan ShapiroSenior reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

If any investor – professional or “mum and dad” – in almost any part of the world had to get just one call right over the past decade, it was to believe in the “lower for longer” mantra.

That is that long-term interest rates, which had lingered at or around their all-time historical lows, would remain suppressed – thus ensuring that a raft of investments from US technology stocks to Australian housing remained valuable.

Loading...

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Jonathan Shapiro
Jonathan ShapiroSenior reporterJonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

Latest In Personal finance

Fetching latest articles

Original URL: https://www.afr.com/wealth/personal-finance/why-the-market-has-suddenly-woken-up-to-inflation-20210216-p572zh