Brent oil looks set to move above $100 and potentially stay there for a while, said an industry expert citing reports that Iran has halted negotiations with the US and threatened to close the Strait of Hormuz. That scenario would change the game for investors.
Households, businesses and investors should prepare for 1970’s-style global stagflation, warned Nigel Green, the CEO of the deVere Group, one of the world’s largest independent financial advisory organisations, after private sector output in the euro zone sank to a 10-month low in March.
Emerging markets are powering through their biggest rally in 15 years as investors channel capital back into developing economies that combine high real yields, improving fundamentals, and more attractive valuations than their developed-world peers, says Nigel Green, CEO of deVere Group.
