Incredible swings in stock prices since the oil price dropped means volatility should now be investors' main concern, says Mark Mobius from Franklin Templeton.
The price of oil has plummeted this year, and while prices have rebounded somewhat, they are still around 50% lower than a year ago. In view of continued positive global growth over the long term, particularly in emerging and frontier market countries, oil prices will probably not suffer from a prolonged price slump. As we see it, the demand for raw materials in general, including not only oil but also iron ore, copper, nickel and agricultural products, is still likely to increase over the long term with better global growth. Speculation Much of the velocity of the recent oil price...
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