01-11-2022, 03:11 AM
Good read indeed.
I'd be careful going to deep into energy right now though. Two reasons really, firstly, I think the story in the energy sector is very different now. Now I'm not saying they will underperform, I'm just saying that there are other, possibly bigger, things going on in in the energy sector than just inflation.
Secondly, the prices of oil, gas and electricity have already shot up quite dramatically. Of course anything is possible, but now that inflation is very much the focus of governments and central banks, I don't see them wanting to let energy prices run significantly higher. That would be very bad for the economy and for the wallet of the voters.
I'd be careful going to deep into energy right now though. Two reasons really, firstly, I think the story in the energy sector is very different now. Now I'm not saying they will underperform, I'm just saying that there are other, possibly bigger, things going on in in the energy sector than just inflation.
Secondly, the prices of oil, gas and electricity have already shot up quite dramatically. Of course anything is possible, but now that inflation is very much the focus of governments and central banks, I don't see them wanting to let energy prices run significantly higher. That would be very bad for the economy and for the wallet of the voters.