LGT Bank's Hofer on Markets, Inflation

The video discusses the Federal Reserve's tapering decision and its implications for monetary policy normalization. It explores investment strategies for 2022, highlighting financials and healthcare as potential areas of interest. The video also analyzes global market indicators, such as the Baltic Dry Index and supply chain issues, and discusses the post-pandemic economic recovery. Finally, it debates the effectiveness of Bitcoin and gold as hedges against inflation.

What factors contribute to the uncertainty surrounding inflation in the current economic climate?

In what ways do the current inflationary pressures differ from those experienced in the 1970s?