18.09.2013 - Commodities, supercycle or not, still offer value, Pimco says
The commodities supercycle may or may not be dead, but that doesn’t mean there isn’t still value in commodities, Pimco portfolio managers Nicholas Johnson and Greg Sharenow say“While the supercycle may be dead, the outlook for commodity returns today seems broadly consistent with historical returns,” the two write in a research note. A big reason why commodities were in a so-called supercycle in the first place was the rapid growth of emerging markets, especially the exponential growth in China. Amid that, commodities prices doubled between 1998 and 2008...............................................Full Article: Source
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