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The commodity boom (DBC) is over, writes Morgan Stanley global macro chief Ruchir Sharma, as...

The commodity boom (DBC) is over, writes Morgan Stanley global macro chief Ruchir Sharma, as massive overinvestment - mostly to feed China's voracious demand - comes online just at the time said demand becomes considerably less voracious. Not only are China and emerging markets in general slowing, but the countries are striving to become more efficient (USO) as well. "If historical pattern holds, we are now entering a long period of falling commodity prices, which could last two decades."
Comments (2)
  • I said it first :-))) http://seekingalpha.co...
    6 May 2013, 08:33 AM Reply Like
  • Do you honestly think we need more false hope about falling oil/gasoline prices? This is the only commodity in the world in which oversupply and lack of demand makes prices go through the roof. The greater the inventory, the higher the price, the worse the demand, the higher the price, that is the way it works now. As long as poor people are being hurt, everything is right with the world.
    6 May 2013, 01:09 PM Reply Like
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