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Global economy struggling for traction: Richard Yetsenga, ANZ

Posted on 06 May 2013

The commodities question is a vexing one. To some extent, the fall in commodity prices reflects the large increase in the supply in recent years. We have also seen negative inflation surprises in the United States, China, India and Australia.
So, at its heart what the commodity prices are telling you is that the global economy is struggling for traction. And with effectively unlimited QE in three of the four major economies, we are still struggling to generate a genuine global recovery………………………………………..Full Article: Source


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