Economic and financial disparities pre-date the pandemic. To date, some have dissipated, others exacerbated and new ones emerged. In hindsight, global economic activity was truncated with relative ease. As ongoing supply chain disruptions have shown, a great re-start has proven quite challenging. Challenges have arisen for labor supply, raw materials and finished goods. Real economic growth has remained firm although wobbling a bit with COVID-19 developments. Near-term inflation has accelerated but expectations are for lower rates to return. A review of some important disparities can provide perspective for investing yet ahead.
Disparities
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