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Vanguard strategist warns fixed income hedging efficacy is declining due to supply-side shocks
InfoMoney·BR · US·1 day ago
Elvira Nabiullina has formally linked domestic fuel shortages to rising costs across a wide range of goods and services. This admission highlights the structural impact of supply-side constraints on Russia's inflation trajectory, though the extent of the fuel deficit's duration remains uncertain.
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Large-scale wildfires are actively spreading across France and Spain, particularly threatening Bordeaux and Madrid, leading to mass evacuations and significant atmospheric impact. Concurrently, global markets are exhibiting increased volatility, with the VIX rising and the Japanese Yen reaching a 40-year low. The full extent of property damage and the long-term economic impact of both situations remain unclear.