The October 2021 edition of Numera’s Global Macro Strategist explores the factors behind soaring global energy costs, and investigate the implications of power shortages for the global growth outlook. We also discuss implications for commodity investments and energy exporters.
Prices of crude oil, natural gas and coal are soaring, as supply is unable to meet demand needs by businesses and consumers. In this month’s report, we investigate the growth and investment implications of the ongoing energy crisis. In the strategy section, we discuss implications for commodity holdings, equity rotation and sovereign bonds.
Please note that starting this month, Numera’s Global Macro Strategist will include a scorecard monitoring our top conviction calls for equity and FICC investments. As usual, Numera clients will be able to download all underlying charts through our internal macro website. If you are interested in a tour of the website, please contact Hayley Reid at hreid@numeraanalytics.com.
