Over the past two years, we have helped clients successfully navigate extraordinary events and markets. We have guided them as they sought to make their investment portfolios diversified and resilient. We have also tracked the profound changes taking place in the world around us. Many of the technologies that enable the world to survive and thrive during Covid are those that will transform commerce and communications in the future. These are some of the unstoppable trends of which clients should be aware and to which they should consider seeking exposure in their portfolios.
In 2021, we urged our clients to keep portfolios fully invested and positioned for the economic and market progress we expected. As we enter 2022, we believe that the early-cycle snapback from Covid is complete. We now expect slower but continuing economic growth, moderating inflation and diminishing pandemic impacts as the world learns to coexist with the virus. We have therefore titled this edition The expansion will endure: Seeking sustained returns.
