Contact

A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

News

 

Oil Diverges from Other Industrial Commodities


The current downturn in global industrial growth has caught many people off guard because they focus on exchange-traded commodities only. Doing so made it easier to think that demand wasn’t slowing because surging oil, and for a while, primary metals prices had camouflaged what was really happening.

ECRI’s insight was that the rise in exchange-traded prices was not about demand, which we knew was slowing. Rather, it was about the confluence of a variety of supply shocks, which weren’t cyclical, and therefore unsustainable.

Click here to review ECRI’s recent track record.

For more information on ECRI professional services please contact us.

VIEW THIS ARTICLE ON BNN BLOOMBERG

Related News & Events

Trade War and Recession Risk

Bloomberg July 6, 2018

ECRI’s Achuthan joined Bloomberg TV to discuss global trade and recession risk, the Fed and industrial commodities. More

 

Unusual Divergence in Commodities Spotlights Global Slowdown

CNBC June 26, 2018

ECRI's Lakshman Achuthan discusses industrial commodity prices in the context of a global slowdown on CNBC. More

 

Upcoming Interview

CNBC July 16, 2018

ECRI's Lakshman Achuthan will be a guest on CNBC's Trading Nation on Monday, July 16.