Soaring energy prices have added to the list of this year’s inflationary pressures. At the same time, the Delta variant and falling consumer confidence have caused growth forecasts to be cut. It’s a toxic combination: slower growth and higher prices. And it points to stagflation. We take a look at recent indicators and market signals. Presented by Niall Mc Donnell CFA, Senior Investment Manager, Alex Burn CFA, Investment Manager and Bushra Ahmed, Responsible Investment Lead. Hosted by Lorna Denny, Investment Specialist. This podcast is intended for professional investors, and must not be shared with a non-professional audience. This podcast is for information purposes only and is intended to broaden listeners' awareness of financial markets and no part of the materials should be construed to represent financial advice or an offer to buy, sell or otherwise participate in any investment activity or strategy. The content is based on information sources that are deemed reliable at the time of recording. Architas has no express or implied warranty, guarantee or statement as to the accuracy, suitability or completeness of the information provided. All rights are reserved. Without the prior consent of the copyright holder, no part of this podcast in any form or by any means is allowed to be published, copied or emailed or stored in an information system. These materials originate from Architas Limited ("Architas"). Architas is a company registered in England No. 02638607, registered office: 5 Old Broad Street, London, EC2N 1AD. These materials are not intended for audiences in the United States of America.