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Two bullish signs herald the return of a commodities supercycle, says analyst

The global supercycle in commodities that has lost steam in recent years shows signs of revving up again, S&P Dow Jones Indices' global head of commodities and real assets said Friday.

Jodie Gunzberg sees two bullish signals for commodities as they come off their first positive year since 2012.

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First, industrial metals have recently outperformed precious metals by the widest margin in 26 years, according to S&P Dow Jones Indices.

"That is very bullish. It shows investors are excited not only to participate in the upside of the economic growth with...


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