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Inflation Worries

The long-anticipated jump in U.S. inflation appeared this month, and with a vengeance. However, much of the increase was tied to re-opening activities and inflation expectations haven’t meaningfully changed. Chief Investment Strategist Jim McDonald explains what this means for investors.

  • Hotels, Planes and Cars
  • Low on Persistence
  • Expect Growth, Prepare for Inflation


Jim McDonald

Chief Investment Strategist
Jim McDonald is an executive vice president and the chief investment strategist for Northern Trust. He is responsible for overseeing the strategic and tactical asset allocation policy for our institutional and wealth management clients globally.