Fidelity International says inflation has settled into markets as a structural force rather than a passing shock, with developed economies now in their sixth consecutive year above target. The firm identified four sectors likely to benefit from this trend: Japanese banks, artificial intelligence supply chains, power production businesses, and gold. The Next Funds TOPIX Banks ETF has gained 42% this year, while South Korean and Taiwanese tech stocks have posted impressive gains, with SK Hynix surging 152.6% and Samsung rising 105.2%. China’s Hang Seng TECH Index, however, is down 16.16%, illustrating mixed performance within the tech sector.
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