NEPC’s Phillip Nelson, Director of Asset Allocation, sat down with WSJ Pro to discuss energy prices in the U.S. economic outlook. View the article on WSJ Pro’s site here.
Energy prices are a wild card in the U.S. economic outlook, says Phillip Nelson, director asset allocation at NEPC.
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“…A spike in oil prices, possibly triggered by a flare-up of geopolitical tensions, could create “another challenging dynamic,” with higher inflation and weaker economy, he says. Nelson adds that the upcoming presidential election is likely to have a “minor influence” on NEPC’s outlook. “I think whether it’s looking at President Biden or Mr. Trump, we know what their policies are,” he says.”
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