Tue, Aug 11, 2020
A A A
Welcome vaishu
RSS

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

Commodities point to a stock market correction: Expert

Posted on 06 August 2015

The bad news for commodities could be spreading. As gold, oil, copper and other commodities tumble to multiyear lows, one expert says the turmoil is far from over. In fact, he said the collapse could mean that a full-blown market correction is just around the corner.
“We’re looking at real weakness in the stock market here in the U.S.,” Andrew Hecht said Tuesday on CNBC’s “Futures Now.” “We’ve had a really good time in that market, and I think it’s overdue for a correction.” Hecht, author of “How to Make Money with Commodities,” said he’s watching three commodities markets in particular: copper, oil and lumber. Hecht said copper is especially signaling a global slowdown, most notably in China………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
August 2020
S M T W T F S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031