McKinsey: Commodity supercycle is "alive and well"

|By:, SA News Editor

"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.