December 2021 / VIDEO
Three Contrarian Investing Views on China, Stagflation, Supply Chains
We think the market’s consensus on stagflation, supply chain shortages, and China may be wrong
We think the market’s current consensus of a stagflationary environment, in which growth is stagnant but inflation is high, is likely to prove incorrect. At the same time, we also think product shortages and supply chain bottlenecks are likely peaking, while it’s time to get constructive on China.
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December 2021 / INVESTMENT INSIGHTS
January 2022 / INVESTMENT INSIGHTS
Rick de los Reyes is a portfolio manager for the Global Natural Resources Equity Strategy, including the New Era Fund. Previously, he managed the Macro and Absolute Return Strategies and was a co-portfolio manager for the Multi-Strategy Total Return Strategy in the Multi-Asset Division. He is a member of the Asset Allocation Committee and the Investment Advisory Committees of the Global Natural Resources Equity, US Mid-Cap Value Equity, Global Growth Equity, Global Focused Growth Equity, and International Value Equity Strategies. Rick is a vice president of T. Rowe Price Group, Inc., and a trustee of the T. Rowe Price Foundation.
