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Western Asset

Inflation now versus 1960s-1970s experience

US inflation today is the worst since that of the late-1960s and 1970s, but the current experience differs from that previous period in important respects, including economic growth, wages, and price disparities.

Six Common Misconceptions About Inflation

An analysis of inflationary forces using both recent data and historical examples, to dispel common misconceptions regarding the dynamics of inflation related to money supply, GDP, employee wages, labor force, supply chain, Fed Reserve policy and more.

Global Outlook 1Q 2022

Western Asset expects global growth to decelerate from the robust 2021 levels as we move into 2022. Contributing factors include a sharp pullback in global fiscal stimulus, a reduction in monetary accommodation by key central banks, and the persistence of secular-related headwinds.

Global Inflation Update

With headline inflation remaining elevated globally we revisit the specific inflation drivers in three major economies: the US, eurozone and UK. We highlight differences in recent inflationary impulses, our expectations for inflation trajectories over the coming months and the potential implications for bond yields.

Latest Updates

Property

How cutting the CGT discount could help rebalance housing market

A more rational taxation system that supports home ownership but discourages asset speculation could provide greater financial support to first home buyers.

Investment strategies

The Ozempic moment for SaaS

Every investing cycle has its Ozempic moment, a narrative shock so compelling that the market briefly forgets that incumbents can and do adapt to transformative technology like AI.

Superannuation

Meg on SMSFs: Last word on Div 296 for a while

The best way to deal with the incoming Division 296 tax on superannuation is likely doing nothing. Earnings will be taxed regardless of where the money sits, so here are some important considerations.

Investment strategies

If people talk about a bubble, it’s unlikely to crash soon

It is almost impossible to identify a bubble in real time, and history shows they last far longer than we think, giving investors (perhaps misplaced) hope and short-sellers seemingly endless pain before the share price collapses.

Investment strategies

Seismic shifts that could drive private markets

Dealmaking appears to be on the mend, but investors could be well served to look through near-term trends toward six major themes that we think may drive private markets for years to come.

Latest from Morningstar

Corporations are winning the stock market. Here’s a new plan for everyone else

Retail investors have the worst trading record, according to a study of trading performance. Institutional investors weren't at the top either. Here are 6 ways to improve your odds.

Infrastructure

The bull case for Melbourne

A counterpoint to today’s prevailing narrative that Melbourne is the capital of a failing state defined by its strained public finances, COVID hangover and an opposition obsessed with undermining its own credibility.

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