JPMorgan Foresees 40% Price Hike for Commodities
Apr 18, 2022
Strategists at JPMorgan Chase predict that commodities are likely to witness a price surge of up to 40% this year if investors elect to pour more money into natural resources in a timeframe characterized by increasing inflationary pressures. If such a price hike occurs, commodities will enter record-breaking price levels.
The JPMorgan strategists say that at the moment, investor allocations in the raw materials segment exceed the average allocations on…
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