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Commodities Briefing - Categorized | Market Moves, Performance more

The commodity bull is not lame

Posted on 27 May 2011

After a brief respite in the last six weeks, crude oil, along with other commodities, regained their footing after declining by approximately 5 percent since April 29. The move down was precipitated by resurgent concerns regarding the debt crisis in Europe. Investors lost their appetite for risk and as a result exited most asset classes.
This flight from risk dragged down even the S& P 500 (SPY) by 3.2 percent from the highest level that the index had seen in about three years. However, flash forward to present day and a recovery appears to be on the way……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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