Finance Monthly - May 2022

ENERGY, and the Likelihood of a April’s inflation numbers must have been a real disappointment to Central Bankers around the globe. Last year they were assuring us that their financial models showed the inflation generated by supply chain breakdowns during the pandemic would be nothing more than “transitory”…. and we had nothing to worry about. Doh! This year…We all sensed a crisis was coming. The Russian invasion of Ukraine has suddenly crystalised what it is: insecurity in Energy, Food and Commodity markets, the very building blocks of the real global economy. These are real things – unlike the concepts behind bond yields or equity returns. INFLATION REAL-WORLD CRASH Bill Blain Strategist at Shard Capital Finance Monthly. Bus i ne s s & Economy 23

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