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Retired chief investment officer and former NYSE firm partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader, and CIO who has superb track record with multi $billion equities and fixed income portfolios. Advanced degrees, CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms: CAVEAT EMPTOR IN SPADES !!!

Friday, March 07, 2014

Commodities Market

The argument has been that the global economy should strengthen further in 2014 and
that a cyclical recovery in the commodities market would eventuate. The market is up
nicely this year to date, although tough winter weather in North America likely set off
tighter supply / demand conditions in various sectors. The market has started to reverse
a longer term downtrend and has taken out near term, but minor resistance. It is also now
overbought on a short term basis and you may want to take this into account. $CRB Weekly

For more, check out the 2/14 post on this market which also contains a link to the 11/6/13
post. Commodities market

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