At some point higher commodities will be bad for stock prices as it will mean the Fed has to lay off the QE or heaven forbid tighten. I find it interesting that commodities and stocks have decoupled today with commodities higher and stocks lower. I don't think we are at the point where higher commodity prices will be seen as bad but I do not think we are that far away either.
2 comments:
Spot gold and the mining shares have reversed pretty hard.
Applesaucer
Commodity indices still showing decent gains on ags and copper.
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