Lithium prices are set to rise over the next decade. We have previously discussed Albemarle (ALB) and Sociedad Química y Minera (SQM) as main beneficiaries of this trend. We review these again during this week’s Live Facebook chat.
Other metals, like iron ore and palladium look to have peaked recently after strong runs. Chinese PMI deceleration could lead to more selling and expand to other metals like nickel and copper.
Commodities act as an inflation hedge. Falling PMIs counter the high PPI and CPI readings across the globe. Stagflation is here. How will the Fed respond?