Commodities: One firm says boom is over. Really?
January 18, 2013
Dick's note: "A respected wealth-management firm is saying the commodity boom ended in 2011 and that the trend is now sideways. I disagree, and believe there is plenty more upside, particularly in precious metals and agriculture. However, even if they're right (that the trend is sideways) that's great news for junior resource stocks and ag deals."
(The National Post - "Macquarie sees U.S. stocks beating Canadian stocks, declares 'commodity price boom over'") Macquarie Private Wealth released its 2013 global outlook on Wednesday, predicting U.S. stocks would outperform Canadian stocks again this year and declaring the "resource price boom over."...
Read rest of article here: http://business.financialpost.com/2013/01/16/macquarie-sees-u-s-stocks-beating-canadian-stocks-declares-commodity-price-boom-over/
(The National Post - "Macquarie sees U.S. stocks beating Canadian stocks, declares 'commodity price boom over'") Macquarie Private Wealth released its 2013 global outlook on Wednesday, predicting U.S. stocks would outperform Canadian stocks again this year and declaring the "resource price boom over."...
Read rest of article here: http://business.financialpost.com/2013/01/16/macquarie-sees-u-s-stocks-beating-canadian-stocks-declares-commodity-price-boom-over/
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