Tag Archives: commodities
The Perfect Storm Bearing Down Upon Us
The barbarous relic wasn’t the only thing that got smashed last week. Commodities did too. On Thursday copper fell nearly 2 percent, to its lowest level since 2009. Iron-ore prices also dropped. Oil did too…falling below $50 a barrel. Still, … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, collapse, commodities, copper, oil prices
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Skeleton Economics
“Markets make opinions,” once said someone who’s much, much smarter than we are. Perhaps they meant that when markets rise for a long period investors will make up opinions about why they will keep rising further. Likewise, if markets are … Continue reading
Posted in Economy, MN Gordon
Tagged commodities, demand, food prices, housing market, supply
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