Steve Lipper Quoted in S&P Global Market Intelligence—Royce
article 12-17-2020

Steve Lipper Quoted in S&P Global Market Intelligence

Senior Investment Strategist Steve Lipper was quoted in S&P Global Market Intelligence discussing why he believes there will be a jump in inflation in 2021.

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Senior Investment Strategist Steve Lipper was quoted in an S&P Global Market Intelligence article titled “Gray Swans: Blinded By Pandemic, Investors May Be Ignoring These Risks In 2021” by Brian Scheid, making his case for a pickup in inflation in 2021.

Read the article here.

Steve noted that the investment debate will then turn to how sustainable this trend may be. He added that the market may not have correctly factored in the risks of the efficiency, timing and the adoption of COVID-19 vaccines.

"The progress has been highly encouraging, and markets have priced in a speedy and smooth distribution," Steve was quoted saying in the article. "This complacency seems to underestimate the logistical complexity of the vaccine manufacture and deployment for which there is no historical precedent on this scale."

Read the article here.

Learn more about Steve Lipper here.

Important Disclosure Information

Mr. Lipper’s thoughts and opinions concerning the stock market are solely their own and, of course, there can be no assurance with regard to future market movements. No assurance can be given that the past performance trends as outlined above will continue in the future.

This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. Smaller-cap stocks may involve considerably more risk than larger-cap stocks. (Please see "Primary Risks for Fund Investors" in the prospectus.)

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