Third, the commodity super cycle is alive and well.

第三，大宗商品超级周期仍在继续，且运行良好。

youdao

Last year's pullback in prices was a typical mid super cycle break in the commodity price upswing.

去年的价格回落，是大宗商品价格上行过程中典型的超级周期中继。

youdao

During the last commodity super cycle (1968 through to 1980) commodities fell by approx 25 per cent from mid 1974 through to the end of 1975.

在上一次大宗商品超级周期(1968年至1980年)期间，大宗商品价格在1974年中到1975年底下跌了25%左右。

youdao

My Glencore takeaway is that the super cycle in commodities has run its course.

FORBES: Grandiosity Is A No-No

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

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