Business
Why Saxo’s global outlook favours ASX commodity shares
If you’ve been thinking about upping your exposure to ASX commodity shares, the time may have arrived.
That’s according to Eleanor Creagh, Australian market strategist for online trading and investment specialist Saxo Bank.
Writing in Saxo’s Q2 2021 Quarterly Outlook for global share markets (released late this afternoon), Creagh says, “Digitisation and disruption are colliding with a physical world that cannot keep up. From semiconductor chips to copper, demand is on the rise while capacity remains constrained.”
How the pandemic is driving global shortages
Creagh says that global markets are experiencing an “everything bubble”. One where “the COVID-induced abandonment of the status quo renders a shortage of just…
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