30.08.2016 - Commodity pricing divergence calls for ‘discerning and tactical’ investors now that it’s tougher to pick winners
During the commodity bull market from 2002 to 2011, it was almost impossible not to make money in this space. The price of nearly every energy, metal and agricultural commodity dramatically rose, driven by China’s massive economic growth. Some performed better than others, of course, but the proverbial monkey with a dartboard could pick winners as well as many humans did. It was just the opposite from 2012 to early 2016. There was nowhere to hide in this period as commodities got mashed. They didn’t all drop at once, but they ended up in the same gutter by early 2016...............................................Full Article: Source
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