16.10.2015 - The tide has turned for commodities: Expert
As commodities continue their recent rally, one analyst says that the group may have already found a bottom this year. Andrew Hecht of Commodix.com said the last few months have been exceptionally weak for commodities, which could be a good signal for the fourth quarter. According to data from S&P Dow Jones Indices, the past quarter was the third worst Q3 returns for commodities since 1970. Although Hecht expects to see more volatility in Q4 this year, he said there are several catalysts that could push commodities higher. "While we have to keep our eyes on China, and that's going to move commodities prices, we might have seen a bottom for the year during Q3," Hecht said..............................................Full Article: Source
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