It’s just one piece of bad news after another for markets at the moment. Falling stocks of oil in the US and the Arab-Israel nightmare are keeping oil prices well above Opec’s stated target of $28 per barrel. Major US corporations announce each day earnings results that disappoint investors. The dot com and hi-tech sector takes a huge pounding.
To cap it all, the latest US inflation Figures show a disturbing pick-up. And that’s what will really frighten markets: a combination of slowing economic growth in the US, worse-than-expected corporate profits and rising inflation.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
