Wednesday, September 03, 2008

Tide turns on commodities

This story came out a few weeks ago in the WSJ, but if you missed it, it's still as relevant as ever.

I'd agree with the story's angle--all the commodity markets look like they've rolled over, and are now in downtrends. It doesn't look like a short-term correction to me. (As usual, I reserve the right to be wrong. )