By: Commodity HQ
November 29, 2012 at 09:00 AM EST
Citi’s Energy Outlook For 2013
Considering this year’s rather volatile performance, one thing can be agreed upon by almost all investors – commodity investing is essentially a crap shoot. This year’s unprecedented summer drought and escalated geopolitical tensions in the Middle East have wreaked havoc on commodity markets, leaving some lucky investors with profitable returns and others with steep losses. Overall, however, commodities have been experiencing a steady uptrend for quite some time, as global demand has continuously inched higher despite the recent economic slowdown. In a recent statement, global head of commodities research at Citigroup Edward Morse warned that the “commodity super-cycle” is over and that “no longer will a pure long-only strategy bring the returns expected in 2002 to 2008, nor will conditions approximating those of the last decade return anytime soon” [for more commodity news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: How Well Does UNG Track Natural Gas? The Complete List of Commodity ETFs That Issue a K-1 For Day Traders: The Most Liquid ETF for Every Commodity For Long Term Investors: The Cheapest ETF for Every Commodity Vote For Obama Or Romney With These Commodities
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