Investment Conundrums: The risk of a policy mistake is 'sky high'

Greg Peters, co-CIO of PGIM Fixed Income, warned that we are "careening towards a policy mistake" as central banks navigate through uncharted territory. Speaking to Investment Week, Peters laid out his thesis of the three Cs: central banks, Covid, and China. While Covid is obviously front of mind for investors, he argued the others are either misunderstood or ignored. Central banks With the Russian invasion of Ukraine, Peters said that "central banks are caught in a very precarious position where they have inflation on one side, geopolitical [issues] on the other". He added tha...