One phrase that instills doubt and fear in the minds of economists and historians alike is, “This time is different.” It is rarely, if ever, the case that this ends up being true and, at best, to quote American humourist Mark Twain, “History doesn’t repeat itself, but it often rhymes.”
Our H1 2022 Fixed Income Outlook takes a detailed dive on the differences between the latest wave of COVID-19 and those that came before it, the way society and businesses have adapted over the last two years, the outlook for growth and inflation, monetary policy and much more.
Change can be difficult to digest, especially at first. We look into the changes we expect to arrive in the first half of 2022 and their potential impact on the fixed income landscape.
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