Northern Trust's McDonald on Global Markets, Inflation Concerns

The video discusses global supply chain disruptions, particularly in semiconductors, and their impact on inflation and market expectations. It explores asset allocation strategies, emphasizing equities and natural resources over fixed income due to unattractive nominal returns. The discussion shifts to international investment opportunities, highlighting Europe and Japan's potential in a global recovery. Finally, it addresses the implications of US infrastructure spending and the broader economic recovery.

What are the potential implications of global supply chain disruptions on prices and inflation?

How do business owners in the US feel about their costs and pricing strategies in the near future?

What is the current asset allocation strategy mentioned in the text, and why is it considered underweight in fixed income?

Discuss the expected performance of European and Japanese stocks compared to US developed markets over the next year.

What are the concerns regarding the infrastructure spending plans and their impact on economic recovery?