The developing economies are the laggards in helping to build the next commodity price cycle
John Robertson
PortfolioDirect
The developing economies are the laggards in helping to build the next commodity price cycle. The chart is based on the updated composite leading economic indicators published by the OECD. The positive growth impact of the USA and Europe is being offset by the slowdown in some of the major developing economies. These outcomes are partly the lagged effect of earlier periods of slow advanced economy growth. Better advanced economy growth should translate into stronger developing economy growth in due course. As usual, one group should feed off the other. However, each of the major developing economies faces peculiarly structural problems which need addressing at a domestic level. To Brazil, China and India can be added Russia and eastern Europe which are now facing their own threats to growth over the Ukraine crisis.
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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