Wrongly wrong commodity supercycle guru resigns

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It’s not been a good few years for Jeff Currie at Goldman, as he called a commodity supercycle that instead turned super bust:

Jeff Currie, the prominent commodities analyst known for making bold — often bullish — pronouncements, is leaving Goldman Sachs Group Inc.

…Currie rose to fame after correctly predicting the China-driven boom of the 2000s and that decade’s surge in oil prices. He has had less luck repeating the feat after outlining reasons for another supercycle that could last a decade.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.