Taps Coogan – November 1st, 2020

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After a decade as one of the worst performing major asset classes in the world, commodities were already sidelined in the minds of many investors by the time the Covid pandemic arrived earlier this year. Needless to say, the subsequent lockdowns and travel restrictions haven’t helped matters.

However, as Variant Perception’s Tian Yang remarked in a recent discussion with Macro Voices‘ Erik Townsend, major market shifts typically occur during major recessions and he believes we are headed for a new commodity bull market on the back of major supply demand imbalances, higher inflation in the coming years, and a lack of capital investment by resource producers.

Enjoy the full MacroVoices discussion below:

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