economic growth – Primal Group

Signs of Recovery for Global Commodity Markets

Although global commodity markets have been under stress for some time, investors are beginning to look at recent developments more opportunistically. According to the World Bank, prices for most commodities strengthened in the first quarter of 2017. Crude oil is expected to rise to an average of $55 per barrel (bbl) in 2017 from $43/bbl in 2016. Metal prices are projected to increase by 16% as a result of stronger demand in China and agricultural commodity prices are beginning to show early signs of recovery and growth. So why the positive forecasts when diversified commodity indices are down 5% so far this year?…

Brazil is Back in Business

After years of policy shaped by neo-liberalism and globalization, benefitting some with reductions in poverty as well as improved access to trade and healthcare, many others have been left behind by global market capitalism and rising inequality. This has made way for an entirely new socioeconomic system, one that relies on pragmatism to prioritize the needs of the local majority over the elite few and address global economic stagnation. The ongoing recovery in Brazil is a prime example.

Brazilian President Michel Temer is determined to restore his country’s star status on the global economic stage, pushing forward with his significant fiscal reform programs that made the Ibovespa and the Real some of the strongest market performers around the world last year.…