Difficult to evaluate, as this could be a temporal situation with just a delayed thing about the approval the next US stimulus package or the world needs will to be used lo live with that "new normal": high levels of unemployment and their economies colapsed.
IMO, I don't think the main trends are going to change, but a correction is rather possible.
The main factors to be positive for the medium and long run are the US dollar downtrend has to resume its downtrend and with the current World openness and the nearby vaccine the recovery will be good for the entire commodity sector.
Another thing, that is good for the future of the sector is the "US bonds real yields" are turning to a negative figure and that situation appears will be here to stay as this is the "new normal for Europe.
Analysts are discussing the possibility of a US inflation for the future, although for the short-run inflation, even with FED BALANCE expanding to the infinite, is highly improbably will happen. We assume the QE will continue for a while.
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