, Columnist
The Coronavirus Won’t Wreck the Commodities Market
Don’t underestimate how much industrial stimulus Beijing will inject in the economy to keep growth on-target.
Don't always follow the signs.
Photographer: Kevin Frayer/Getty Images AsiaPacThis article is for subscribers only.
A rampaging epidemic in the country that consumes about half of the world’s metals has to be bad news for mining stocks, right?
Investors are certainly making that bet. The week started with the Bloomberg World Mining Index falling the most in nearly six months, and a six-day losing streak continued Tuesday on expectations that a slowdown in economic activity will cut China’s voracious appetite for commodities.