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Commodities Briefing - Categorized | Financial, Market Moves more

SocGen follows Goldman in warning over commodities

Posted on 04 May 2011

Societe Generale has followed Goldman Sachs in warning of tougher times for commodities prices, warning that the end of easy monetary policy in the US “could well herald the end” of the sector’s rally.

The conclusion of the second round of so-called quantitative easing, or QE2, in which the US Federal Reserve has been pumping money into the economy through bond purchases, will deprive commodities of a key ingredient of their winning streak, the French bank said……………………………………….Full Article: Source


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