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Why commodities supercycle far from over as US and China recover

Posted on 01 March 2013

Nicholas Brooks, head of research at ETF Securities, said investors may only be mid-stage in a bull market for commodities. This is primarily because the world’s two largest economies, China and the US, are recovering, he said. In the US, housing starts have improved and consumer confidence is high.
Unemployment is still at 7.8% but the Fed wants to reduce this to 6.5%, he noted. Meanwhile, business spending and retail sales are up in China, while the government has loosened its fiscal stance………………………………………..Full Article: Source


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