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Commodities Briefing - Categorized | Fund Profile, Trends more

Fund managers now officially hate commodities

Posted on 20 June 2013

Interesting data point this morning from the Merrill Lynch fund manager survey showing the extreme hatred for commodities at present. I’ve always hated the idea of “investing” in commodities so it’s interesting to see these extreme swings in sentiment. I basically think the chart below should show a negative blue bar across the entire timeframe.
Anyhow, this could be a contrarian sign or it could be the beginning of what I hope is a big change in the way managers view commodities. I think Wall Street has spent the last 15 years selling the concept that commodities are a good way to diversify your portfolio………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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