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Greg Peters on inflation
Greg Peters, global head of fixed income and economics research at Morgan Stanley, says inflation is a key key risk, and that we do have a regime change here. Over the past 18 years we have been operating an environment of disinflation, but we are no longer in that environment now. So investors have to manage around increased inflation and it is a globalization effect. Globalization cuts both ways and you have to protect yourself against it.