A $222 billion investor breaks down what could be the surprise result of tax cuts in 2018
|01/18/2018||Posted by BusinessMediaguide.Com under General World News||
- Inflationary pressures from the tax overhaul and fiscal stimulus will be the surprise result in 2018, says Brent Schutte, the chief investment strategist for Northwestern Mutual Wealth Management Company, which manages $221.8 billion in assets.
- It is incorrect to assume the link between measures of predicted inflation and actual inflation is broken, Schutte says.
- “Inflation is a lagging indicator,” he said about the current inflation levels, which he added are a reflection of 12 to 18 months ago when the global economy was recovering from a weak period of growth caused by a supply-drive oil war.
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