23.11.2015 - Ed Yardeni: Commodities Free-fall Not a Recession Indicator
Tumbling commodity prices suggest the global economy is headed toward recession, but the free-fall has more to do with excess capacity than a warning about the world's economic health, Newsmax Finance Insider, economist and market strategist Ed Yardeni said. Very high capacity was built in anticipation of a commodity super-cycle, and the free-fall does not indicate pending doom, said Yardeni, founder and president of Yardeni Research Inc, at the Reuters Global Investment Outlook Summit in New York...............................................Full Article: Source
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