Prices on everything from crude oil to wheat could jump by as much as 40%, JPMorgan Chase says JPMorgan Chase says commodities could rise in price by 40% should investors boost their allocation to raw materials at a time of rising inflation. According to Bloomberg, the bank’s strategists said that while allocations appear to be above historical averages on commodities, they are not very overweight. That suggests scope for gains in raw materials, the strategists wrote in an April 6 note seen by the media outlet. “In the current juncture, where the need for inflation hedges is more elevated, it is conceivable to see
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