Ep. 304 Will Oil Fuel the Flames of Inflation? | Nucleus Investment Insights

There has been a surge in the oil price following another outbreak of fighting in the Middle East. The question is, what does the rising oil price do to inflation? In the very short term, the answer is obvious: inflation will be higher. But most central banks exclude oil from the inflation series that they look at. But then, the path can head in two very different directions. Another round of oil-fueled inflation could mean that workers demand higher wages, and the cost-push inflation spiral will continue. Alternatively, paying more at the petrol pump might leave consumers with less to spend elsewhere... the higher oil price might be the last nail in strong spending cycle we have seen since the pandemic. Join us in this week's podcast as Nucleus Wealth's Chief Investment Officer Damien Klassen, Nucleus Wealth's Chief Strategist David Lewellyn-Smith, and Senior Financial Adviser Samuel Kerr examine the different paths and outcomes.

Agenda:

• Oil & Geopolitical issues
• Cost push inflation
• Demand destruction

View the presentation slides⁠⁠

To listen in podcast form click ⁠⁠here⁠⁠

Get an obligation-free ⁠⁠portfolio recommendation⁠⁠ to see how we would invest for you

Learn more about the ⁠⁠hosts⁠⁠

Find us on social media:

⁠⁠Twitter⁠⁠

⁠⁠Instagram⁠⁠

⁠⁠Facebook⁠⁠

⁠⁠LinkedIn⁠⁠

Want to know more?  ⁠⁠Click here to Subscribe⁠⁠

Nucleus Wealth is an Australian Investment & Superannuation manager that can help you reach your financial goals through transparent, low-cost, ethically tailored portfolios. To find out more head to ⁠⁠Nucleus Wealth Website⁠⁠.

The information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796

Responsible Investing DisclaimerNucleus Wealth offers all investors the option to tailor their investment portfolios according to the investor’s own brand of personal ethics. While Nucleus Wealth maintains ethical standards of integrity, honesty and reliability, it does not seek to impose these on its investors. Rather, Nucleus Wealth offers investors a system of investment that incorporates three core strategies: (i) customisable; (ii) transparent; and (iii) safe. Within this, investors are given the ability to customise their investments insofar as it aligns with their ethical preferences, rather than that of the fund manager, by using screens and tilts. Once the investor’s portfolio has been adjusted, Nucleus Wealth provides the investor with a company profile, access to performance dashboards and detailed monthly performance reports of each company within the investor’s portfolio to further inform the investor on their investment decision and the company’s ethical standing as it aligns with the screens and tilts opted for. Nucleus Wealth utilises a number of domestic and international sources to identify whether companies from particular countries or sectors fall within the categories of screens and tilts which the investor may choose to apply. While Nucleus Wealth undertakes its own fundamental analysis on each company, there is also the risk that investors could reach a different conclusion to Nucleus Wealth on whether a company falls within the frame of responsible filters being applied. For more information visit ⁠⁠Nucleus Wealth's responsibility-related statements⁠⁠.