03.09.2015 - The commodity super-cycle that wasn’t
And now speculation about Glencore cash-calls is also doing the rounds. A good time in FT Alphaville’s book to hand over the floor to Simon Hunt, commodity market veteran, consultant and the man who long predicted that the post-crisis commodity super-cycle wasn’t much of a super-cycle at all. He offers the following to FT Alphaville this Wednesday (our emphasis): The Short Tale of a Copper Super Cycle that Never Was. It’s been a long road since copper prices started crashing in the second half of 2008. Much of the producing and merchant sectors were in sufficient trouble for there to be a risk of failures if not of a size to cause a global systemic problem. ..............................................Full Article: Source
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