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Resources rally can’t last forever

Posted on 17 October 2016

Commodity prices cannot keep marching higher indefinitely in the face of weak global trade and a stagnant global economy. The rally in commodity markets has been the biggest surprise in the global economy this year — no one predicted it — and it is bringing welcome relief to resource investors and federal government tax collectors.
It has been based on both the effectiveness of the stimulus delivered by Chinese authorities to their economy and on the US Federal Reserve’s continued inability to deliver on its repeated promises to raise rates……………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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