Is the case for commodities still intact?
From Giovanni Staunovo in 11/9 UBS.com
“Oil prices have fallen sharply from recent highs as markets price a greater chance of Middle East de-escalation and recovering supply. But fragile shipping flows and low inventories leave energy markets vulnerable, while constrained supply and structural demand remain supportive for copper and other commodities. Investors may consider diversified, actively managed commodity exposure. The supply more…

















