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My Glencore takeaway is that the super cycle in commodities has run its course.
FORBES: Grandiosity Is A No-No
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While iron ore, metallurgical coal, copper, and crude oil faced temporary supply side disruptions that boosted prices excessively, the longer-term, commodity super cycle remains intact.
FORBES: BHP Billiton's Commodity Outlook Shows Supercycle's Intact
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So while Ken Fisher is probably right about stocks, John Mauldin is probably right about the Debt Super Cycle endgame and its near-term damage to economic growth.
FORBES: Debt, Growth and Stocks - The Great Debate
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Not even oil, the archetypal industrial commodity, quite conforms to the super-cycle theory.
ECONOMIST: Commodities
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The weaknesses of neo-classical free market economics have been exposed by the credit super-cycle, whilst the likelihood of a return to Keynesian management is remote (not least because of existing burdens of debt and welfare commitments).
FORBES: Can America Innovate Its Way Out Of Debt?
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Stock markets sold off, a Credit Suisse report concluded that the commodity super-cycle underpinned by China has drawn to a close, and economists worried about the implications for the already slow economic recovery in the United States.
FORBES: Premier Wen: A Warning Or Managing Expectations?
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The council is aiming to create a cycle and walking path between Weston-super-Mare and Clevedon via the old railway lines.
BBC: Festival Way cycle path from Bristol to Nailsea opens
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Although the Super Bowl indicator may be a statistical oddity, the presidential election cycle theory appears to have some basis to it.
FORBES: Presidential Election Cycle Suggests Stocks Are A Buy
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Investors have been aware for a while that the booming economies of these super-giants provide ample opportunity, but, as Steinmetz puts it, the cycle is changing.
FORBES: A Soft Landing For Brazil As Output Slows And Growth Centers On Middle Class