When will high interest rates finally slow down asset value gains?

When will high interest rates finally slow down asset value gains?

Across global markets and categories, values are spiking into overheated territory

In 1969, ‘Time’ magazine posed the question of the moment: ‘Will there be a recession?’.

The story correctly gauged inflation as the US’s primary domestic problem. And stating that inflation was becoming not just a national but an international crisis. A critical part of that commentary was that the Federal Reserve did not distinguish between changes in relative prices and systemic inflation – a rise in the general price level.