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Why commodities and emerging markets won’t do so well in this bull market

Posted on 22 February 2013

Commodities as a group have been underperforming equities for about six months now. The correlation between the two groups has been grinding lower. Even more important, I think the underperformance of commodities—and by extension emerging markets—will persist for some time.
Hang on. If the backdrop is improving growth expectations and continued, if not increased, global central bank base money expansion, why have they underperformed and why should it continue? ……………………………………Full Article: Source


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VRS - who has written 40639 posts on Opalesque Commodities Briefing.


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