Topic: Commodities Watch & Outlook
Credit Suisse wrote:
Nelson Louie, Global Head of Commodities at Credit Suisse Asset Management said, “As reflected in Fed Chairman Ben Bernanke’s recent comments, subduing deflation will likely continue to be a top priority of the Federal Reserve over the near term, and as more quantitative easing takes place, we expect commodities prices will continue to rise. While macroeconomic factors have driven returns over recent history, we expect fundamental factors to drive prices moving forward over the longer term.”