Commodities Overview

Commodities Update

13 February, 2018

US infrastructure plan won’t lift commodities demand

We are sceptical that President Trump’s infrastructure plan will be approved by Congress. What’s more, even if congressional approval is forthcoming, the reliance on state and local governments and private investors to do most of the heavy lifting appears overly optimistic. As such, we do not expect a marked upturn in US infrastructure spending or commodities demand anytime soon.

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