Sat, Oct 1, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Commodity Crisis, Market Moves, Research more

Three reasons commodities look horrible: Roubini strategist

Posted on 04 July 2013

It’s been one of the worst investments of 2013—and this Roubini strategist thinks it will get even worse. Gold, copper and grain prices have dropped precipitously this year. In fact, JPMorgan’s commodity team recently used that as a reason to get bullish on the space.
“In a number of commodities, prices have fallen far enough for long enough to force involuntary cuts in production and to spur fresh demand,” JPMorgan’s note read. In fact, JPMorgan said that “Sentiment is universally bearish,” creating some real opportunities………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 47920 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
October 2016
S M T W T F S
« Sep    
 1
2345678
9101112131415
16171819202122
23242526272829
3031