Jordan: Massive Commodity Supply Challenges Coming
Jordan Opportunity manager Jerry Jordan says the world will be massively supply-challenged as commodity production fails to keep up with a reaccelerating global economy.
Ryan Leggio: I know that commodities is one of your two large secular themes you're working with right now. Can you talk a little bit about how you arrived at that theme and really what you mean by commodities being a secular theme?
Jerry Jordan: Sure. I think like a lot of folks, we became enamored of the idea back in 2001-2002--we were bullish in energy actually as early as '98, but commodities in aggregate in that 2002-2003 period--with the idea that the emerging markets were really emerging, and we were slowly and inevitably using up all that excess supply.
Ryan Leggio does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.