There are two massive concerns for investors and the world in general this year: energy and recession.
While energy prices rocketed last year after the Russian invasion of Ukraine, that supply-demand imbalance is expected to continue in 2023.
“We think the outlook for energy stocks is attractive because there’s just not a lot of supply coming in,” Schroders portfolio manager Ray David told The Motley Fool earlier this year.
“No one really wants to invest in fossil fuels or LNG or gas without the high prices to justify the returns, because everyone’s quite worried about renewables and the ESG factors.”As for a recession, this will be a reality in some parts of the world, even if Australia does not quite hit the definition.Regardless, consumers and businesses will be suffering alike after ten months of steep interest rate rises. ‘We would be buying into dips’ Gold is a commodity often spruiked as a […]
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