subdued

If that works, foreign capital flows back to the U.S., the dollar resurges, and longer rates stay subdued.

Next year’s earnings could reach an all-time high, with alumina prices expected to stay subdued as new global capacity comes on stream, he says.

The commission is not alone in expecting global economic growth to be subdued.

However, he expects aluminum prices to remain elevated as global production stays subdued.

The subdued global growth environment supports a muted outlook for broad commodity returns, but precious metals should outperform.