13.06.2013 - Goldman Sachs bearish on agriculture, overall commodities to remain stable
While volatility in the bond and equity markets has increased this past month as a result of QE concerns (which pushed the 10-year treasury yield to its highest level in 14 months), commodities have remained stable, according to a report out this morning by Goldman Sachs. It is well known that the S&P GSCI index ( GSG ) has traded within a range of plus or minus 1.5% as of late. Putting it simply, commodities price current fundamentals (which have not changed) while financial markets price future fundamentals (which have changed)...............................................Full Article: Source
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