Oil shock impact to be limited

By Ruth Alexander Peaking interest rates and improving liquidity are leading Threadneedle to forecast a more favourable macroeconomic environment for equities. Giving a global overview at Threadneedle's roadshow 2000, Sarah Arkle, head of equities at the group, said the macroeconomic environment is generally favourable although further volatility is possible, resulting from concerns over inflation and profit growth. Even so Arkle believes the trend towards disinflation remains intact and the higher oil price will have a more significant impact on specific companies and profits than on c...