April 1, 2022
Construction Leader Joseph Natarelli and Chief Construction Economist Anirban Basu’s latest column for Construction Accounting & Taxation focused on commodity prices in a time of global conflict.
Construction Accounting & Taxation
By Joseph Natarelli, National Construction Industry Group Leader & Anirban Basu, Chief Construction Economist
Excerpt:
Not only can geopolitics impact the supply of commodities, but investors tend to shift from paper assets like stocks and bonds to harder assets like commodities. Consequently, this shift drives prices higher. But here’s the thing. These impacts tend to be temporary.