Cross-posted from The Street.
Last summer, the commodities sector was frozen in a half-decade long bear market with few signs of a thaw in the near future.
But “the interest-rate outlook has changed dramatically over the past two years,” says Jeffrey Christian, managing director at New York specialty consulting firm CPM Group. Now, there’s less confidence in rapid increases, which has been good for gold and other raw materials.
Constable is an economics/financial markets commentator. Currently, he writes the monthly “In Translation” column for The Wall Street Journal, and a weekly investments column for U.S. News & World Report. He also contributes regularly to Barron’s, TheStreet, Fortune, Forbes.com and other publications.
Prior to becoming a full-time economics journalist/commentator Constable worked in a variety of strategy/advisor roles for major corporations.
His first book, The WSJ Guide to the 50 Economic Indicators that Really Matter, won an economics category award in the 2012 Small Business Book Awards at Small Business Trends. It has been translated into multiple languages. He authored the Rudolf Wolff mini-guides to the London Metal Exchange, and the Real Money Guide to Investing in Gold.