real-time news and commentary for investors
Thursday, Sep 26
McKinsey: Commodity supercycle is "alive and well"
- "Striking," to McKinsey, is how well commodity prices have held up despite the sluggish economy. The group notes despite recent falls, prices remain around the levels of early to mid-2008 - just prior to the global financial crisis hitting.
- Pimco - on the other hand - isn't calling for a price crash, but says the double-digit annual growth from the late 1990s up to the financial crisis isn't returning. Returns though, may still be positive going forward.
- Broad commodity ETFs: DJP, GSP, LSC, RJI, GSC, GCC, GSG, DBC, DPU, DJCI, UCI, USCI, DYY, UCD, DEE, CMD, DDP, RGRC, CTF, CFD CSCR, CSCB.