An Inter-Market Checkup
I spent some time in Columnist Conversation on Wednesday reviewing the state of commodity markets. Earlier this year I posited that the failure of broad commodity markets to push higher was a sign that the global economy remained sluggish. I also looked at the fundamentals of the oil and gasoline markets, which are clearly in a short-term state of oversupply, in my column yesterday. Since most broad commodity indices are energy-centric, much of the recent softness can be directly attributed to falling energy prices.
...598 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.