Commodity Trading - Part 3: Commodity Cycles
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ubreako there will a bull market for the next 10 years.
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A full retracement has taken place. Do you still hold the same view that the bull mkt in commodities is still in play ?
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I think it will trend with the normal business cycle, only with an amplified effect. I believe that the US and China are increasingly decoupled - as the global economy rebounds, commodity prices will increase at a faster rate. There was definitely speculation and inflation in the previous bull run, but the fundamentals are present for long term demand to outpace supply. I'm curious to see what happens in the next 18-36 months.
econoutlook 2 years ago