Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Trends more

Why better US growth may not boost commodities

Posted on 25 November 2013

Developed markets, including the United States, may be recovering, but the long-suffering commodities segment may not feel the love. “It’s not a build-construct scenario,” said Bhaskar Laxminarayan, chief investment officer in Asia at Bank Pictet and Cie, which has around USD 433 billion under management. Previously, commodities were driven higher by the emerging market growth story, which included huge investments in infrastructure, he said.
While Pictet recommends investing in equities that will benefit from a US domestic demand revival, such as autos and housing, “it’s not as significant as building highways all around the world or putting up factories,” he said. “It’s not enough for a bull-run case for commodities.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031