17.10.2008 - Commodities: China syndrome
From Times Online: In the commodities fraternity, the buzzword earlier this year was “the supercycle”. The steady ise in metals prices since the beginning of the decade has confounded an industry used to long busts interspersed with brief three-year booms. The supercycle theory was not unreasonable, given the extraordinary industrialisation of China. The question is whether this rout in commodity markets is a blip or whether the supercycle is turning into a less impressive midicycle..... Full Article: Source
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