Euphoria, Greed and Fear Mark 2010s for Commodities Investors
- Investors have piled into growth sectors like chemicals
- Mining stocks could rally after enduring bear market
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The past decade -- a humbling one for investors in commodities and raw materials -- was a roller-coaster ride for mining stocks while chemicals saw a rise in popularity.
A brighter outlook for global economy could bolster cyclical stocks in 2020 as risk-on trades make a comeback. Bloomberg Intelligence commodity strategist Mike McGlone expects continued appreciation for gold, particularly compared to copper.