WATCH: Week in perspective
Loading player...
"This week energy chickens have come home to roost as the trade-offs of transitioning to a greener economy were laid bare in the way various energy markets reacted.
It’s nearly half a century since the Organisation of the Petroleum Exporting Countries imposed an oil embargo on America, turning a modest inflation problem into a protracted bout of soaring prices and economic misery. But the stagflation of the 1970s is back on economists’ minds today, as they confront strengthening inflation and disappointing economic activity. The voices warning of unsettling echoes with the past are influential ones, including Larry Summers and Kenneth Rogoff of Harvard University and Mohamed El-Erian of Cambridge University and previously of PIMCO, a bond-fund manager. To put things into perspective Michael Avery is joined by Nesan Nair, senior portfolio manager at Sasfin Securities; Raymond Parsons, professor in the School of Business and Governance at Northwest University & Dr Miriam Altman, Director of Altman Advisory, Professor of 4IR Practice at the University of Johannesburg"
It’s nearly half a century since the Organisation of the Petroleum Exporting Countries imposed an oil embargo on America, turning a modest inflation problem into a protracted bout of soaring prices and economic misery. But the stagflation of the 1970s is back on economists’ minds today, as they confront strengthening inflation and disappointing economic activity. The voices warning of unsettling echoes with the past are influential ones, including Larry Summers and Kenneth Rogoff of Harvard University and Mohamed El-Erian of Cambridge University and previously of PIMCO, a bond-fund manager. To put things into perspective Michael Avery is joined by Nesan Nair, senior portfolio manager at Sasfin Securities; Raymond Parsons, professor in the School of Business and Governance at Northwest University & Dr Miriam Altman, Director of Altman Advisory, Professor of 4IR Practice at the University of Johannesburg"
