Catch up with Kyle: 30 May 2018
A strong dollar and elevated oil price have markets concerned
The effect of a spike in the oil price has been less harmful than in the past
The oil price has risen from roughly $60 a barrel (bbl) a year ago to above $80/bbl. In year-on-year terms, this is the 11th largest increase in 70 years. Such a significant spike definitely holds a risk, as it could push up inflation and reduce consumer spending. However, in real terms, oil prices are well below the range we saw between 2005 and 2015. After adjusting for inflation, $80/bbl today is only $67/bbl in 2008 terms.
How can we assist you?
Graduate Development Programme
The Graduate Development Programme is aimed at developing new talent by exposing new graduates to the investment management industry.