Commodity Trade Mantra

Posts Tagged ‘Global Deflationary Slump’

Blame the Fed for the Commodities Slump

Crash on the commodities highway: So far, the Fed’s cheap credit has exaggerated and prolonged the bear market in oil. The price per barrel of US crude oil is down 53% over the last 12 months. Today, the price of coal is down 70% from four years ago. Dr Copper, too, says it’s going to be a rough second half of the year for the global economy.

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