Read an interesting Bloomberg article yesterday relating to Goldman Sachs view on commodities in 2019, views which I share - but a couple of the key points was the fact that the strong USD has obviously had a detrimental impact on commodities prices as they are quite obviously inversely correlated. Additionally the China/Trump trade war they think will get resolved before the end of the year and as early as the G20 meetings later this month and if they are not, most of that bad news around the trade war is probably now priced in.
Ann: Investor Presentation, page-48
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