It feels like the 2008 rollercoaster all over again for commodities investors.
Prices of commodities from oil to copper have fallen sharply. Money is flowing out of the sector and some investors are questioning the so-called commodities ‘supercycle’ – the mantra that prices will rise and rise, underpinned by Chinese growth.
In a nutshell, commodities “is no longer the sexy asset class it used to be,” says Jonathan Whitehead, global head of commodities at Société Générale.
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