4/1/08

A new trend?

Commodities have been weak in the past few weeks.

Is this the beginning of a new trend? Is the weaker global economy forcing commodities down?

It is too early to say whether this is a new trend or not. The trend of the dollar, however, is inversely related to the trend of commodities. And the dollar is still weak against all major currencies.

More on https://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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