Stagflation and its roots in capital misallocation

Wednesday 15 June 2022

Amundi Institute, Insights Paper

In the ongoing regime shift, investors have to deal with significant legacies stemming from the previous ‘Volckerian’ regime, namely two forms of inflation: asset price inflation over the course of three decades and, more recently, inflation in the price of goods and services.

Thematic Paper (EN)

Shifts & Narratives #20