The fifth commodity supercycle has started, says highly regarded JPMorgan strategist
“We believe that the tide on yields and inflation is turning, which will pose a major risk to multiasset portfolios.” – Marko Kolanovic, JP Morgan
USAGOLD note: Marko Kolanovic echoes Steve Hanke’s call from a few days ago that we have now entered the initial stages of a commodity supercycle driven by “ultraloose monetary and fiscal policies.”
Repost from 2-16-2021
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