The Economist (August 22)
2015/ 08/ 23 by jd in Global News
“A resurgent dollar has hammered commodity prices: many have recently fallen below their levels of a decade ago.” There may be worse to come. “The real curse for producers is over-supply in almost all raw materials. Yet they continue to act as if they are blithely unaware of it. Capital is still pouring into holes in the ground, creating a hangover that may last at least a decade.”
Tags: Capital, Commodities, Dollar, Over-supply, Producers, Raw materials, Resurgent