Franklin Templeton chief market strategist Stephen Dover (pic) says fixed income should remain a vital part of investor portfolios. This is because fixed-income instruments such as bonds issued by the government and corporates and debt securities can provide portfolios with diversification and ballast.
INFLATION may feature prominently in many economies, especially the United States, in the days ahead amid the rise in global commodity prices and recovery of the global economy from the Covid-19 fallout.
The question is whether it will just be a short-term cyclical spike into 2022 or a longer-term secular shift.
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