13.10.2014 - Commodities tell the truth to spooked equities investors
Equities investors are spooked. This is October, the month of Halloween, and of virtually all the stock market’s best-known crashes over history. After a lengthy rise, stocks are showing the heaviest volatility in more than a year, while the S&P 500 is almost halfway to its first 10 per cent correction in more than three years. Factors from the Ebola outbreak to conflagrations in Ukraine, Syria and Iraq give cause for alarm.Screening out this noise, the problem is familiar. The bet has been on for months, as it has been several times before during the five-year post-crisis rally, that the world economy, led by the US, is ready to achieve ignition and show strong growth. Now investors are having second thoughts about that bet...............................................Full Article: Source
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