In today’s briefing:
- When Inflation Peaks, Favor Nominal over Real Assets: The Multi-Asset Evidence
- Turkey Election Watch – Erdogan and Kiliçdaroğlu Foreign Policies Compared
When Inflation Peaks, Favor Nominal over Real Assets: The Multi-Asset Evidence
- There is a clear distinction between the returns of nominal and real asset classes following a peak in US headline inflation.
- The 1,2,3,6, and 12-month returns for both US Equities and Treasuries are positive and, more importantly, above the average returns measured over the entire sample period.
- The returns on Commodities following a peak in US inflation are negative for all five holding periods, while Gold is somewhat of a mixed bag caused by elevated return volatility.
Turkey Election Watch – Erdogan and Kiliçdaroğlu Foreign Policies Compared
- The May 14th election in Turkey has been named the most import election of the year. Why? Because of the surging geopolitical significance (and unpredictability) of Turkey.
- But how much does the foreign policy positions of incumbent President Erdogan and opposition challenger, Kemal Kılıçdaroğlu (Nation Alliance), differ?
- We have taken a closer look at the election manifestos of the Nation Alliance and Erdogan’s AK Parti. Comparing key excerpts, we give you the full FP analysis.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
