Inflation may be ebbing away slowly, but as Singer’s economist Jamie Constable points out, the end of the free money era is definitively over, with important consequences for investors and the economy.
0:33 A strong start for markets in 2023
1:12 Is US recession risk rising?
4:45 Factors behind moderating inflation
7:27 The jobs market and the influence on interest rates and markets; China’s
slowdown and population slump
11:12 Singer’s investment and economic themes to watch in 2023
12:12 The impact of a weakening dollar; investment flows out of the US and the
outlook for tech
16:36 The end of free money, and the return of valuation-led investing
18:54 The growing attractiveness of the UK as an investment destination
23:05 Productivity gains from the reversal of zirp-led underinvestment
26:17 Japan’s central banking problem
Singer Macro Monthly: Navigating the end of free money
Jan 19, 2023Disclaimer & Declaration of Interest
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