He described conditions as a powder keg of light positioning that should send markets rallying into the year-end as the inflation threat is vanquished and China gets closer to reopening. Commodity producers “will likely be the market leaders, similar to 1970s and 2000s for the rest of the 2020s”, the hedge fund manager speculated. Tribeca’s Ben Cleary: Markets are in the early stage of a rotation that will last decades favouring commodities and producers. Jessica Hromas Commodity markets rallied on the growth-friendly news from Beijing: Brent crude futures for January added 2.5 per cent to $US95.99 ($143.20) a barrel and…