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Commodities boom over: UBS

Posted on 30 November 2012

The super-cycle that drove a huge boom in commodity investment over the last decade is well and truly over, according to UBS’s Mark Rider. The Australian head of investment strategy, who has also worked for the Reserve Bank of Australia as head of economic activity and forecasting, says that the combined forces of supply and demand which contributed to the sector’s explosion over the last decade are now driving prices lower.
“On the demand side, China is settling into a more moderate pace of economic growth, while developed economies struggle with deleveraging headwinds,” he said………………………………………..Full Article: Source


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