03.12.2015 - Are commodities poised for a recovery in 2016?
By any measure, this has been a terrible year for commodity prices and commodity producers. Citigroup analysts said 2015 is shaping up to be an even worse year in this space than 2008, when the global economy collapsed. But they actually think a “modest” recovery could be coming in 2016. Slowing economic growth in China remains a major headwind, but they said the “accelerated postponement” of new investments and closures of existing operations should eliminate much of the oversupply in the market. They also expect U.S. dollar appreciation to slow down, which is positive for commodities...............................................Full Article: Source
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