
Major Stock Market Bottoms Rarely Look Like This
Bloomberg Businessweek
00:00
The Long Term Commodity Cycle
commodities do typically, as they tend to go through these roughly tenure periods where they are over supplied. And we just went through that, from two thousand ten to two thousand 20. But gradually, as price went down over that period, we were not adding to supply growth across the complex. What covin did was kind of let the tide go out, and we all got to sea, in a sense, and now we're paying for it. So i say this is going to go on for a while.
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