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Daniel Greenspan is a Senior Analyst and member of the Equities Research team at CIBC Asset Management. He is responsible for the fundamental analysis of the North American materials sector, including metals & mining, chemicals and fertilizer companies.
Prior to joining CIBC Asset Management in 2016, Mr. Greenspan worked at Macquarie Capital Markets Canada Ltd. as Vice-President, Senior Analyst. In this capacity, he was responsible for the research coverage and analysis of base metals and fertilizer companies. Previous to this position, he was a Senior Equity Research Associate at the firm covering the mining sector.
Mr. Greenspan holds a Master of Business Administration degree from the Rotman School of Management at the University of Toronto and a Bachelor of Arts degree in Economics from the University of Western Ontario.
CIBC analyst provides outlook for oil, copper and gold.
Producers are prioritizing shareholder returns over increased capacity.
The commodity can be useful as a safe asset and a hedge against inflation.
The transition to a low-carbon economy will be copper-intensive.
Forecasting the precious metal's price proves problematic.
Energy, steelmaking coal and fertilizer make analyst's watchlist.
How will the precious metal follow a record-setting year?
Low-carbon energy and a broad recovery should support the metal, analyst says.
Both the macro bull and bear cases support gold, analyst says.
There are still reasons to be constructive on the commodities.