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.
I have ended full text posting. Instead, I post investment and related notes in brief, cryptic form. The notes are not intended as advice, but are just notes to myself.
About Me
- Peter Richardson
- 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 !!!
1 comment:
http://www.andykessler.com/andy_kessler/2011/03/stock-market-and-oil-vs-monetary-base.html
They all seem to rhyme...
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