Inflation Series: Industrial Metals

Industrial metals have historically held strong correlations with inflation, and with good reason. In times of economic growth, consumers and businesses tend to feel more confident, and better equipped to spend money – whether this be through the purchase of a...

Inflation Series: Soft Commodities

Soft commodities generally refer to agricultural goods that are grown, rather than extracted from the ground. “Soft” referring to the tensile strength in comparison to harder commodities such as gold, platinum (precious metals) or iron, nickel and cobalt...

Inflation Series | Lumber

My supply is scarce, my price has gone parabolic and I am durable. What asset am I? Unfortunately for fans of decentralisation, I am describing lumber – the slightly less ‘cool’ asset class which has risen over 340% in the past year (Bloomberg)....

Inflation Series | Inflation Linked Bonds

Prior to COVID-19’s outbreak, inflation – defined as a general increase in the prices of goods and services in an economy – was a small “tail” risk, assigned a low probability. Inflationary risks always need to be assessed when...