22.08.2013 - Behind the blowout in commodities
The S&P 500 Index (SPX) has performed well this year and is up over 19% on the year as of July 31st. The Federal Reserves accommodative stance on monetary policy may be one of the reasons for this action. I assume this to be true due to the sharp but short correction and rise in interest rates we had in June. The markets came right back and hit all time highs in July as the Fed verbally backed off from comments about tapering bond purchases...............................................Full Article: Source
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