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Commodities ’supercycle’ will last another 15 years: JP Morgan

Posted on 08 March 2013

JPM Natural Resources Fund manager Neil Gregson is confident that a “third great [commodities] supercycle is underway.” The basic idea is that the emerging world still has a lot of commodity intensive growth ahead.
Countries like India and China have closed the gap considerably between themselves and the developed world over the past generation. Despite recent slowdowns in emerging market growth, this catch up process, according to Gregson, will last at least until 2030. Urbanisation in India is projected to double over the next 15 years. If this happens, a total of 590 million Indians would be city dwellers by 2030………………………………………..Full Article: Source

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