As China Goes, So Go the Commodities Markets ... maybe
In his latest newletter, Stephen Polos predicts that the rapid growth of the Chinese economy will more likely than not continue to slow a bit over the next year or so. He adds that as this happens, the demand for commodities will ease off, and their prices will likely fall somewhat.
It is too early to declare that China is slowing, but the early signs are there. Once a consensus emerges on this, global commodity prices are likely to see another down leg.Down leg? This imagery of this metaphor is beyond consideration.
Category: Economics, International Trade and Finance Posted on
Wednesday, February 7, 2007 at 11:06pm
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