Energy and materials stocks face rough ride as commodity prices come off the boil, says economist

The energy and materials sectors might struggle the next few years as inflation and aggressive interest-rate hikes lead to a sharp global slowdown, alert an economist at Capital Economics. The S&P GSCI energy spot index SPGSEN, +4.00%, which tracks prices for oil and its derivatives, peaked on June 9. While it still trades over 40% …

Energy and materials stocks face rough ride as commodity prices come off the boil, says economist Read More »