EPISODE · Apr 20, 2026 · 9 MIN
Macro Monday Ep112: Markets aren’t pricing in ‘stagflation’
from Investec Focus Radio SA · host Investec
Ordinarily, you’d expect an oil shock to lead to not only higher inflation, but also weaker equities and a lower growth outlook. However, markets aren’t pricing in a stagflationary outcome. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International, examines this apparent anomaly. Investec Focus Radio SA
What this episode covers
Ordinarily, you’d expect an oil shock to lead to not only higher inflation, but also weaker equities and a lower growth outlook. However, markets aren’t pricing in a stagflationary outcome. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International, examines this apparent anomaly.
NOW PLAYING
Macro Monday Ep112: Markets aren’t pricing in ‘stagflation’
No transcript for this episode yet