Key goods inflation measures appear to be waning as supply chain index, transportation backlogs, and transportation costs fall from recent highs.
Fisher Investments (FI) is an investment adviser registered with the Securities and Exchange Commission. As of August 31, 2022, FI managed $172 billion, including assets sub-managed for its wholly-owned subsidiaries. FI and its subsidiaries maintain four principal business units - Fisher Investments Institutional Group (FIIG), Fisher Investments Private Client Group (FIPCG), Fisher Investments International (PCGI), and Fisher Investments 401(k) Solutions Group (401(k) Solutions). These groups serve a global client base of diverse investors including corporations, public and multi-employer pension funds, foundations and endowments, insurance companies, healthcare organizations, governments and high-net-worth individuals. FI’s Investment Policy Committee (IPC) is responsible for investment decisions for all investment strategies.
The information in this document constitutes the general views of Fisher Investments and its subsidiaries and should not be regarded as personalized investment advice or a reflection of the performance of Fisher Investments or its clients. We provide our general comments to you based on information we believe to be reliable. There can be no assurances that we will continue to hold this view; and we may change our views at any time based on new information, analysis or reconsideration. Some of the information we have produced for you may have been obtained from a third party source that is not affiliated with Fisher Investments. Investments in securities involves the risk of loss. Past performance is no guarantee of future returns. Data is in USD unless stated otherwise.