19 min
Will central banks be behind the curve again and launch a new gold bull market? Southbank Investment Research Podcast
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- Investing
Should this be the indicator investors are looking at for their asset allocation…?
Ex Deutsche Bank Managing Director John Butler joins Nick Hubble to discuss what happens when central bankers lag interest rates behind inflation.
In the early 2000s, the central bank was behind the curve. Inflation rose faster than interest rates. This inflated the housing bubble, stocks and gold together.
But in the 70s, we got stagflation. Stocks fell in real terms because of the disruption from inflation.
Looking at where we are and where we might go, John and Nick explore which situations could lead to rallies and sell-offs in the gold and stock markets.
Should this be the indicator investors are looking at for their asset allocation…?
Ex Deutsche Bank Managing Director John Butler joins Nick Hubble to discuss what happens when central bankers lag interest rates behind inflation.
In the early 2000s, the central bank was behind the curve. Inflation rose faster than interest rates. This inflated the housing bubble, stocks and gold together.
But in the 70s, we got stagflation. Stocks fell in real terms because of the disruption from inflation.
Looking at where we are and where we might go, John and Nick explore which situations could lead to rallies and sell-offs in the gold and stock markets.
19 min