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A prominent hedge fund investor argues that basic materials stocks (e.g. producers of iron ore, nickel, steel, cement, fertilizer, etc.) are in a secular bull market. If he is correct, this means that:

A. supply of these products will exceed demand over the short-term before reaching equilibrium.

B. supply of these products will exceed demand over the long-term before reaching equilibrium.

C. demand for these products will exceed supply over the long-term before reaching equilibrium.

D. demand for these products will exceed supply over the short-term before reaching equilibrium.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92412246

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