27.07.2016 - Why Commodities Stay Low While Growth Continues
The commodity pits are aghast. The economy keeps growing while commodity prices remain depressed. Inconceivable does mean what they think it means. Efficiency is the decade's watchword. Public good demand will come, from somewhere, next year. The rise is all based on hope for commodities, especially for things like copper and gold. Copper is up over the last month, gold over the last three. This has spurred regular rallies in FCX stock, although when the hope turns out to be misplaced, the stock goes back down. It's down again today, after losing another penny per share and disappointing on the revenue side...............................................Full Article: Source
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