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Barclays Warns Next Commodity Shock Is Taking Shape: What You Need To Know
Barclays Warns Next Commodity Shock Is Taking Shape: What You Need To Know
Wall Street coverage of a record-breaking Super El Niño is only growing as agricultural commodities break out. Yet the rally extends well beyond the agricultural complex, with industrial metals and other critical materials showing signs of tightness in physical markets.
Whether it is veteran commodities strategist Jeff Currie turning bullish or UBS urging clients this week to "position for a commodity upcycle," the message is becoming louder: Commodity markets are tightening as adverse weather, years of underinvestment, declining...
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