Jefferies report's big claim- world economy has changed, this has happened for the first time- investors should be cautious:

News Topical, Digital Desk : The economic direction of the world is now at a new turn. Famous global firm Jefferies has said in its new report "Greed & Fear: The End of an Era" that the time is now coming to an end in which the economy of European countries was based on low interest rates and low inflation. According to the report, the era of 'ultra low interest rates' and 'low inflation' is now over. In its place a new era is beginning, in which interest rates will remain high and inflation will remain slightly higher permanently. The report says that the changes that have come in the supply chain after COVID-19 and due to the Russia-Ukraine war may become permanent.

The conflict between America and China will increase further- The report also says that the competition between China and America over technology and trade will intensify further. This will affect global investment and supply chain.

Advice to invest in gold and defense stocks- Jefferies has advised investors to invest in sectors that can benefit from geopolitical tensions and inflation, such as gold - an asset considered safe from inflation and dollar fluctuations. Defense sector - Defense spending is increasing due to increasing tensions between countries. Commodity sector - such as energy and metals, which perform strongly in times of inflation.

What should India do - According to the report, emerging economies like India will get an opportunity to increase their production and exports in this new era. But for this, investment and policy stability are necessary.

Overall - now the world economy is entering a new era - where interest rates will be high, inflation will persist and the global power balance may change. In such a situation, both investors and policy makers have to be vigilant.