With Covid-19 persisting and the inflation outlook uncertain, investors should tread cautiously

There have been two major themes driving market dynamics lately. One is inflation, which affects interest rate expectations, central bank policy stances and, in turn, asset price valuations. The other is the pandemic, which is exacerbating the K-shaped recovery between those who have successfully contained the virus and those who are still struggling because of their inability to halt its spread or vaccinate a large swathe of the population to reach herd immunity. In the case of India, Covid…

Read the original article at South China Morning Post