bearish
Part Six: Commodities: Priced for a Downturn
SUMMARY
- The clouds of recession and economic slowdown loom over the horizon, casting a bearish shadow on commodity markets.
- Yet, despite many reasons for pessimism, commodity prices have begun to show signs of resilience last week.
- Even though a sustained long-term rally remains uncertain, the current environment seems ripe for a short-term bounce or mean reversion.
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