S&P lost 2%, similar losses across the dow and nasdaq. commodities too was hit, but oil only around 1%. we've been saying this would happen. but please listen to this this update, we do some very good explaining.
commodities have been on a huge run. compared to only in post ww2 era. the 50's when the world was re-building, & and in 1973. today the emerging economies are driving demand
S&P is about 1000. but we really think the real story is in commodities. the commodity research bureau is up 33% from it's Feb. lows. it's only happened a few times. we also heard from the IEA.
commodities and stocks are tracking each other. after some of our research commodities are winning. the market's upside is limited because that rise acts as a tax.
