Ava is a senior investment analyst at a wealth management firm, tasked with conducting a macroeconomic analysis to guide her investment strategy. In her analysis, she reviews data on GDP growth rates, inflation, interest rates, and employment figures across multiple regions. Recently, she noted a marked increase in inflation driven primarily by rising energy prices, alongside a gradual recovery in GDP following a short-lived recession. At the same time, global central banks began tightening monetary policy to counteract inflationary pressures.

Given these macroeconomic conditions, Ava needs to assess the implications for various asset classes and client portfolios. In particular, she is considering how the mismatch between inflation acceleration and economic growth might influence equity and fixed income outcomes in the near future.