An Appetite for Risk Is Returning, Says BlackRock’s Hambro

The video discusses the current state of the global economy, highlighting three phases: financial mechanisms, virus data, and economic data. It examines market signals, such as the gold oil ratio, indicating a growing risk appetite among investors. The video also analyzes commodities like copper as indicators of economic activity, considering factors like operating costs and currency fluctuations.

In what ways have commodity prices been affected by changes in operating costs?

What implications does the speaker suggest regarding the future of commodity trading?