Finding Opportunity in the Mining and Metals Markets

摘要

Headlines, commercials and political slogans make it difficult to get an accurate picture of the U.S. and global economies. Fortunately, there are reasons for optimism as we rapidly approach 2013. The recent U.S. GDP numbers are positive, and the year-over-year annual growth rate in U.S. industrial production is relatively stable at 4.1%. Consumer spending is at record-high levels and banks are willing to lend. The housing industry is in recovery, and automobile sales are posting impressive year-over-year increases.