Here renowned sector analyst Colin Hamilton takes us through his outlook for the metals and bulk commodity market. We hear about the major global dislocations impacting the supply side and creating a constrained world. This in turn is hurting demand and taking down industrial production in the medium term.
We learn how commodity prices could be up 20% or down 20% over the next 6 months with many driving forces in flux. But an inflationary medium-term view is reinforced by energy prices, less efficient value chains and reshoring production and manufacturing.
Website: capitalmarkets.bmo.com
Guest:
Colin Hamilton, Commodities Analyst, BMO Capital Markets