The effectiveness of hikes to curb inflation will be evaluated by the market, says H.F. Rick Pitcairn II, Chief Investment Officer, Pitcairn. We should be rooting for policies that bring inflation and 10-year together a bit, he adds. If inflation stays and is trickier to contain, I think riskier assets will have a tougher ride. He discusses volatility and opportunities in bonds and equities and active versus passive investing.
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