– Inflation pressures continue to rise, which has pushed real interest rates deep into negative territory.
In a report published Thursday, analysts at Degussa explained that the market ‘s lackluster performance is partly because central banks have successfully convinced consumers that higher prices are just temporary.
Degussa also warned that central banks are being a little too complacent and optimistic that rising inflation pressures will significantly ease.
“The Institute of International Finance estimates that by the end of Q1 2021, global debt had reached 289 trillion US-dollar or 360 percent of global gross domestic product.