Bloomberg
Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet
(Bloomberg) — The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercycle, it’s unlikely to be plain sailing.Vast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks — with some wiping out gains for the year — on a more hawkish U.S. monetary policy tone, China’s bid to cool inflatio
