Rising commodity prices are worsening Asia’s balance of payments dynamics, putting the currencies of large oil-importing countries under pressure.
The media are warning us that inflation is here to stay at least until May, on one side because of the base effects of commodities, and on the other side because we have not yet seen the second round of inflation.
Since the beginning of 2020, the market has paid up for companies with strong sales growth. Share prices of companies in higher-growth industries and in some value industries have dramatically outpaced their earnings growth.
AllianceBernstein has been announced as the Founding Member of the Corporate Affiliate Program at the newly launched Columbia Climate School, the first purpose-built school of its kind in the world focused exclusively on tackling climate change.