You are here: Home - Saving & Banking - News -

Commodity prices to rise

Written by:

Commodity prices will continue to rise despite the US having entered a recession, according to Legal & General Investment Management (L&G).

James Carrick, investment strategist at L&G, said that although emerging economies’ exports may suffer because of the US recession, economies such as China stand to benefit from a lower global cost of capital.

Carrick said: “Emerging economies arguably need to raise interest rates and allow their currencies to appreciate against the dollar. But this will exacerbate the inflation problems in the US and UK. As we saw following the breakdown of the Bretton Woods regime 40-years ago, US and UK assets are likely to underperform in those economies with stronger financial balance sheets.”

Related Posts


Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Rising costs driving motorists off the road

Rising insurance premiums, petrol prices and car maintenance costs are pushing drivers off the roads and onto public transport, according...