Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Manager of T. Rowe Price New Era Fund says commodities secular bear markets go on for years, fund manager Shawn Driscoll said — the last one took about 18 — and we’re only in the early stages of this one.
Having spent a career in the oil biz I can tell you that the industry is full of optimists and I would sooner rely on this manager than whatever an oil exec is saying.
