Thu, Apr 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodity Crisis, Research more

Commodities in recession as speculative bubble bursts - but the purge is over

Posted on 06 November 2008

From Mineweb.com: Société Générale is the latest bank to revise its fundamental commodity forecasts in the face of deteriorating economic conditions and in the introduction to a detailed study, the bank says that the sharp correction that started in July 3rd should be interpreted as the bursting of the speculative bubble that had been fuelled by inflation and the depreciation of the US dollar.

The fall has not reflected a valuation of anticipated fundamentals, but has remained dominated by purely financial considerations, and commodity prices have fallen to a much greater extent than the stock market indices over the period….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 34673 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930