Revisiting Commodities’ Impact on Financial Markets
The recent abrupt declines in various commodity prices have had only a scattered impact on sector credit and equity markets, expected effects on equity industry groups and what appear to be non-causal effects on global equity indices. Just as commodity price impacts were overstated during their rise, they are overstated now during their decline.
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Commentaries — January 11, 2007
Revisiting Commodities’ Impact on Financial Markets The recent abrupt declines in various commodity prices have had only a scattered impact on sector credit and equity markets, expected effects on equity industry groups and what appear to be non-causal effects on global equity indices. Just as commodity price impacts were overstated during their rise, they are… Continue reading Untitled