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Commodity in sentence

920 examples of Commodity in a sentence

The end to Western consumerism is not yet at hand, but high commodity prices are a clear warning that big adjustments will be needed as Asia and other emerging nations begin to consume a larger share of the global pie.
True, when today’s global economic boom ends, as it inevitably will, commodity prices will plummet, easily 25%, quite possibly 50% or more.
But today’s era of high commodity prices is not just a bad dream that should be forgotten when it ends.
Other commodity prices had risen rapidly in the early 1970’s, in direct response to monetary easing in the US and elsewhere.
That led to protests in many poorer countries, and to a political determination to extract additional gains from other commodity exports.
Indeed, the IMF/World Bank meetings also grappled with a second fundamental change in the world economy: high and volatile primary commodity prices are now a major threat to global economic stability and growth.
Some have attributed the rise to bubbles in commodities prices, owing to low interest rates and easy access to credit for commodity speculation.
And other advanced economies – such as Canada, Australia, Norway – face headwinds from low commodity prices.
Meanwhile, China’s slowdown has contributed to the end of the commodity super-cycle, which, together with the sharp rise in long-term interest rates (owing to the scare of an early Fed exit from QE), has led to economic and financial stresses in many emerging-market economies.
Favorable external conditions – the effect of China’s strong growth on higher commodity prices and easy money from yield-hungry advanced-economy investors – led to a partly artificial boom.
First, economic growth continues to be essentially based on domestic consumption and commodity exports.
There is now also the beginning of a hard landing in emerging markets as the recession in advanced economies, falling commodity prices, and capital flight take their toll on growth.
Indeed, the world should expect a near recession in Russia and Brazil in 2009, owing to low commodity prices, and a sharp slowdown in China and India that will be the equivalent of a hard landing (growth well below potential) for these countries.
Further falls in commodity prices – already down 30% from their summer peak – will add to these deflationary pressures.
But a much-improved fiscal framework also helped – in countries like Chile and Brazil, fiscal policy could afford to become strongly counter-cyclical – and so did the rapid recovery in commodity prices in 2010.
Tuna is more than a commodity here; it is what builds schools, pays teachers’ salaries, paves roads, and keeps hospitals open.
Quantitative Easing for the PeopleOXFORD – It is now a near certainty that, by the end of this year, falling energy and commodity prices will push annual inflation in the eurozone below zero – well under the European Central Bank’s target of near 2%.
And emerging markets will suffer once the US contraction and global slowdown undermines commodity prices.
But because these contracts price in assumptions about the future, commodity prices can fluctuate wildly.
Second, uncertainty about the future price of any commodity makes it exceedingly risky for producers to invest in whatever new technologies might help reduce greenhouse-gas emissions.
The food issue emerged for the first time as a major theme at the July 2009 summit in L’Aquila, Italy, as a response to a commodity boom that was beginning to falter, but that has since reemerged with the force of a hurricane.
The most obvious and dangerous consequence of low interest rates in the major industrial countries is their impact on commodity prices, which is especially pronounced for food and fuel.
As many economists, notably Jeffrey Frankel, have shown, prices on these markets are established by an auction-like process; as a result, commodity markets transmit the effects of monetary expansion particularly quickly.
Later, when I was at Goldman Sachs, I was often amused to see commodity analysts in my research group struggling to cope with the usual chaos of oil-price developments.
While interviewing me, Sedgwick raised an interesting point: Given that the volatility of many other asset prices has declined sharply in recent years, it might just be a matter of time before oil and other commodity prices do the same.
At this stage of their economic development, with its focus on commodity exports, the priority for Africa’s countries should be long-term economic integration, not currency union.
However, over-reliance on Russia for a strategically vital commodity widens the divergence of interests between members, like Germany, that share a privileged partnership with Russia, and those, like Poland, that consider the Kremlin a threat.
Even those countries that were better prepared were made painfully aware of the after-effects of crisis: export markets collapsed, commodity prices fell, and credit markets seized up.
And emerging markets (the fourth engine) are slowing sharply as decade-long global tailwinds – rapid Chinese growth, zero policy rates and quantitative easing by the US Federal Reserve, and a commodity super-cycle – become headwinds.
But Bitcoin’s success, which remains highly uncertain, ultimately depends on it attaining sufficient stability to perform the most essential function of any currency (as opposed to a speculative commodity) – that of providing a relatively predictable medium of exchange.
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