Global Markets Up Shrugging Off Inflation Fears!!Global equity gauges climbed higher last week as investors appear to be shrugging off inflationary concerns. The S&P 500 was up 0.4% as global investors warm up to the Fed’s view that the rise in inflation is transitory as supply chain bottlenecks are resolved. The technology-heavy Nasdaq index chalked up gains of 1.9%. In Asia, the broader MSCI Asia ex-Japan index climbed a meagre 0.1%, whilst the Hang Seng index closed 0.3% lower.Last week, US lawmakers in the House of Representatives proposed a set of antitrust bills to rein in the power of big tech companies. The definitions of big tech companies targeted by the bills state that it must have a market capitalisation of at least US$600 billion, more than 50 million active monthly users