The blossoming of nature in spring inspires heart and mind. Hopefully, as the pace of vaccination and the associated loosening of the rules increases, nature’s mood of optimism will also be transferred to our lives.
In the financial markets, there is a looseness in another sense, namely that of monetary policy. A seemingly everlasting spring. But with bottlenecks in supply chains and rapidly rising prices for raw materials, the black clouds of inflation are gathering. The losing of the control over price stability is an ongoing threat.
