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IN OUR TRAVELS ONE VERY SIGNIFICANT TREND EMERGED AS A CONSTANT IN EACH AND EVERY COUNTRY WE VISTED: INFLATION.

IN OUR TRAVELS ONE VERY SIGNIFICANT TREND EMERGED AS A CONSTANT IN EACH AND EVERY COUNTRY WE VISTED: INFLATION.

Winter has been a busy travel season for us at Guild Investment Management. We are frequently traveling to noteworthy markets around the world to meet with economists, business leaders, political leaders, officers of companies in which we invest and local, country, or industry-specific analysts. In the last few months four of us, including myself, have traveled throughout North America, Taiwan, Hong Kong, China, Singapore, Britain, East Africa and India.

In our travels one very significant trend emerged as a constant in each and every country we visited: inflation. Inflation is on the rise, not just in one or two regions but all around the world. And this spells trouble for the elected officials in many countries.


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