AXA IM Chief Investment Officer, Core Investments
December 1, 2021
Investment Strategy outlook 2022: Coping with modest rate increases
COVID will remain an issue for markets; however, inflation is more of a concern. Modest interest rate increases in some economies need to be built into the investment outlook; however, a lot is priced in.
If actual moves are in line, then bond market losses need not be significant. Equity markets can cope with modestly higher rates so long as earnings keep growing.