Rising oil prices and Japan – should investors be concerned?

Events in Libya and Japan have gripped markets and stopped a nine month upward trend in global share prices in its tracks. Matt Sherwood, Perpetual’s Head of Investment Market Research examines these developments and concludes the Japanese earthquakes will be the most expensive natural disaster in history and that global oil prices are likely to remain elevated due to the strong global economic recovery, which will place more pressure on household budgets.

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