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Wage Inflation Signs Are The Last Part Of Goldilocks Scenario

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Rupert Hargreaves
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Bank of America's October Global Fund Manager Survey revealed that of the 207 panelists with $585 billion in assets under management surveyed, 48% of respondents (up 5%) believe that over the next 12 months the global economy is heading into a "Goldilocks" period of above-trend growth and below-trend inflation. 34% of respondents think that the economy will face below-trend growth and pay inflation.

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha