Mon, Sep 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Listings/IPO/Stock Market, Market Moves more

Stock markets throw a party; Commodities aren’t invited

Posted on 04 February 2013

The world is happier and no longer hitting the hard stuff. That is one way of reading a big divergence between two major asset classes: stocks and commodities. The MSCI World index has rallied 13% since its mid-November low point. Hard assets have trailed in its wake: The Thomson Reuters/Jefferies CRB commodities index is up just 3.9%.
Correlation between the two has been falling. One reason is that fear has eased. Assets tend to march in extreme unison when investors think the world is going to hell. The past couple of months saw a reasonable amount of good news on the economy, including the avoidance of the U.S. “fiscal cliff.” That has fueled rallies in most major stock markets. …………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36706 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930