The Rise of Delta Variant Vs. Global Inflation



A year ago, the biggest question for investors was how quickly the global economy would recover from the depths of the COVID-19 recession. Today, the answer is clear: After the single largest drop in quarterly gross domestic product (GDP) on record, GDP is already back on its pre-COVID-19 path. Now, the debate is whether the strong recovery and pick-up in inflation are part of a short-lived spurt, driven by policy support and economic reopening. Or, this recovery has staying power, with forecasts for 6.5% global GDP growth for 2021 led by the US economy’s 7.1% growth, followed by 4.8% globally and 4.9% for US in 2022. To read more about the report download the pdf or Click Here

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