gettyThe chicken littles fretting about inflation are ignoring something: the “bonus” $2.9 trillion that’s primed to ignite stocks—one group of stocks in particular. The $2.9 trillion isn’t a new stimulus plan (although those seem to roll out daily). Same goes for global stocks, represented above by the iShares MSCI World ETF (URTH) URTH , in purple. (As its name says, this fund excludes US stocks entirely, unlike URTH in the previous example). Meantime, BOE’s portfolio downplays some countries that have been vaccine laggards (the fund holds no stocks from Germany and Japan, for example).

Source: Forbes March 14, 2021 01:10 UTC