BoS's Aita: Fed Won't Start Tapering Until Next Year

The video discusses the recent Fed meeting, highlighting economic uncertainties and the Fed's plans to support the economy. It covers the impact of the Delta variant on markets, inflation hedging strategies, and investment recommendations. The Fed is expected to discuss tapering in the coming months, with real yields at historic lows. The Delta variant poses some risks, but the bull market remains intact. Inflation hedging strategies include investing in cyclical sectors, while gold is not favored. Investment strategies focus on growth companies and sectors like e-commerce and renewable energies.

What sectors are recommended for investment to hedge against inflation?

What challenges does gold face as an inflation hedge according to the discussion?

What investment strategy is suggested for the mid-cycle economic phase?