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1092 days ago • Posted by William Ramstein

Commodities supercycle still below previous highs

For some economists, the upward performance of commodities from Covid lows of 2020 is simply a cyclical upswing rivien by the huge fiscal and monetary response to the pandemic. They go further saying it lacks a compelling structural demand story that underlied previous supercycles. Goldman Sachs is bullish saying the pandemic has ushered in a new era of commodity-intensive growth as governments put greater emphasis on job creation and environmental sustainability.  

Source: FT

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