Morgan Stanley concerned that commodity outlook "remains soft” because too much of it lies there.

Investment-oriented indicators continue to dissipate a large commodity index due to a lack of inflation, soft demand and limited rolling out in forwarding curves, as part of this week's Global Strategy Outlook 2020.

The strategists said very few commodity markets, except for Copper and Palladium, are supplied "tight." However, low interest rates continue to support new investments, and new technologies continue to reduc....