The Metals Report: Christopher, you believe that the market will recover in 2013. Why?
Chris Ecclestone: We’ll have a different type of recovery than we’ve had in the past, when everything was driven by the financial industry and house price inflation. The U.S. keeps driving along the edge of the cliff like Thelma and Louise, but never actually going over.
I get the feeling that there will inevitably have to be a recuperation. The ducks are in the row now for an industrial recuperation—probably a construction-led one. I’m not talking about a rip-roaring recovery, but … [visit site to read more]
Similar posts: