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Greater chance of a reflationary boom in 2H21: Lombard Odier

As economies get upended worldwide from the COVID-19 pandemic and monetary policy, investors may struggle with the switch between cyclical and structural developments, according to Lombard Odier. “The main risk for 2021 will result from a confusion by investors between cyclical developments and structural ones,” said Jean-Louis Nakamura, chief investment officer for Asia at Lombard Odier. If inflation rises faster…

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