| There’s still money to be made from investing in commodities, according to Citigroup Inc. While a rising U.S. dollar, sustained oversupply and slowing growth in emerging markets including China are still hurdles to a recovery, many markets may strengthen in the second half of next year as the collapse in prices shrinks production, the bank said in a report.
Citigroup also forecasts “a more persistent price recovery by 2017 for oil and base metals, and possibly agriculture.” The bank predicts the start of a recovery in some raw materials as returns from commodities head for a fifth annual drop amid the slowest growth since 1990 in China and the prospect of a stronger dollar if U.S. interest rates increase...............................................Full Article: Source
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