07.02.2014 - Commodity prices suggest the global economy is still in good shape
So far so good: Commodity prices suggest that the global economy is holding up well despite the latest emerging markets crisis. This confirms that the crisis remains contained mostly to the "Fragile Five" and isn’t morphing into a contagion--so far, knock on wood. I construct a YRI Global Growth Barometer by simply averaging the price of a barrel of Brent crude oil with the CRB raw industrials spot price index...............................................Full Article: Source
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