PortfolioDirect Investment Report

John Robertson

PortfolioDirect

Rising copper metal inventories over the next several years, contrary to most recent expectations, would mean persistent downward pressure on prices. This is a realistic scenario against the backdrop of downgraded global growth forecasts . The PortfolioDirect investment report this week discusses the sensitivity of copper demand to changes in global growth rates using a historically valid statistical model. The most recent International Monetary Fund global growth forecasts are used as model inputs to project upcoming copper usage. The analysis suggests that copper market expectations have not been sufficiently adjusted to take account of the most recent downward revisions to the global growth outlook. Recent PortfolioDirect company rating reports can also be accessed through the latest weekly investment report: (VIEW LINK).


MORE ON



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

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.