Summarise the views presented in the two above research articles and link them to the views that financial industry holds about the effects of commodity financialisation for investment opportunities.
Task We would like you to begin by reading the following research papers: Bhardwaj, Geetesh, Gary Gorton and Geert Rouwenhorst (2015), “Facts and Fantasies about Commodity Futures Ten Years Later”, NBER Working Papers 21243, National Bureau of Economic Research, Inc. Available at: http://www.nber.org/papers/w21243.pdf Cheng, In-Haw and Wei Xiong (2014), “Financialization of Commodity Markets”, Annual Review of […]