China is bigest buyer, no question, across the board. They are classically more than forty five % of total demand in the world. But often e shorter term, you often see it's the marginal suppliers and margial demanders that are setting the price. And we're not producing enough. That's why prices keep going up.
Bloomberg News Macro Strategist Cameron Crise recalls major market bottoms over the last seven decades and finds that there hasn’t been a major market bottom that’s looked quite like the current state of play. Bloomberg News Municipal Finance Reporter Amanda Albright explains that pandemic rescue money has been doled out to the likes of racehorse owners and influencers. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Justin Fox discuss Justin's Businessweek Magazine story Tighter Labor Market Makes Restaurants More Like Factories. And we Drive to the Close with John LaForge, Head of Real Asset Strategy at Wells Fargo Investment Institute.
Hosts: Tim Stenovec and Kriti Gupta. Producer: Paul Brennan.
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