Sam Berridge News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Days after BHP Group failed to secure the $49 billion takeover of smaller rival Anglo American Plc, investors have one message for Chief Executive Mike Henry — keep your cool.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across USAMLO Protege Sheinbaum Becomes Fi

Perennial Partners Portfolio Manager and Resources Analyst Sam Berridge discusses the outlook for resources. -May 17, 2024 at 12:20 am EDT - MarketScreener

Copper hit $US10,000 a tonne for the first time since 2022 as traders took BHP’s takeover bid for Anglo American as a vote of confidence for the metal.

A new commodity upswing is under way, creating widespread opportunities for investors. But pundits warn that could also contribute to stickier inflation keeping rates higher for longer.

The hot uranium sector is creating huge wealth winners, and analysts reckon a structural supply deficit spells opportunity ahead.