How Inflationary Risks Are Clouding The Macro Outlook For Equities

Jill Malandrino highlights how commodity price moves could mean that inflation is likely going to stay higher for longer. She says the Fed is not going to get the tailwind from supply chains normalizing, as well as the pandemic fading, as we initially thought. The majority of companies seem to be seeing slower earnings growth compared to last year, which is adding to overall market weakness.