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Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Slide background
Berman’s Call

The Official Blog Of Larry Berman CFA, CMT, CTA

Crude and Late Economic Cycles

Last week we had a look at late cycle base metals outlook. We have not done a deep dive on our long term energy outlook for a while. We thought that it would be timely this week with heightened focus on OPEC, Russia, and Venezuela

Metals and Late Economic Cycle

In keeping with this week’s PDAC conference, I thought I’d take a look at base metals ETFs. It’s a sector that is extremely cyclical and can be hot or not for extended periods. The first global base metals ETF was (XME) the SPDR (equal weight)