Eurizon July 2021 Investment View: Four Factors Acting As Headwinds
Eurizon Asset Management investment view for the month ended July 2021, discussing the four factors that are acting as headwinds. Q2 2021 hedge fund letters, conferences and more ScenarioLong-term yields in the US and Germany dropped significantly from the highs hit a few months ago, raising questions among investors on the solidity of the economic recovery. There are at least four factors that are acting as headwinds: the reacceleration of Covid infections, the reduction of purchasing power caused by inflation, the tightening of financial conditions in China, and the prospect of a less accomm...