05.01.2015 - Another challenging year for commodities
Investors in commodities should brace themselves for another challenging year in 2015, a Credit Suisse Private Banking report has warned. Commodity markets are still facing oversupply owing to "excessive" capital expenditure over the past few years, said commodity strategy analyst Stefan Graber. Since demand for commodities does not seem to be picking up, prices will have to fall further until production declines, he said. "As commodity projects have long lead times, this process will take time." This subdued forecast comes after a tough year for commodities investors, with the biggest drag coming from oil...............................................Full Article: Source
Print