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About Me

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 25, 2011

Stocks & Industrial Commodities Prices

Below, there is a link to a chart which compares recent months action of the CRB raw industrials
spot index to that of the SP 500. Now, over the years, the comparison is not nearly so close
primarily because industrial commodities prices were quiescent over much of the 1985 - 2000
period. But stock players have been much more interested in this comparison over the past
decade. SPX vs. CRB industrials.

1 comment:

Rich said...

http://www.andykessler.com/andy_kessler/2011/03/stock-market-and-oil-vs-monetary-base.html

They all seem to rhyme...