16.04.2013 - Only a fool would invest in commodities now
We just saw a rather ugly spate of data from China, and the result has been a bit of a selloff in markets, from Asia to the U.S. Not all stocks have been held back. Netflix, for instance, just had its price target raised at Goldman Sachs and rallied 5% to start the week. But commodity stocks as a whole are taking a beating. And donít expect the pain to end anytime soon. You see, industrial demand from China remains the single-biggest driver of pricing for a host of materials and commodities. Base metals, from steel to copper to aluminum, and energy commodities like oil and coal and natural gas are all getting brutalized by the China slowdown...............................................Full Article: Source
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