04.04.2013 - UBS says commodity supercycle ‘probably’ over, cuts base metals
Commodities supercycle is “probably” over and prices are unlikely to match their performance over the past decade, according to UBS AG. Growth in China is slowing and becoming less commodity- intensive, London-based strategists Stephane Deo and Ramin Nakisa wrote in a report dated yesterday. The bull cycle for commodities and company profits may also be over because cheap supply of labor in China and Eastern Europe has now been absorbed, they wrote...............................................Full Article: Source
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