Wednesday, July 30, 2014

Will Crashing Commodities Crash The Stock Market?

There are some analysts out there who maintain that the precipitous decline in commodity prices this year bodes ill for the stock market. Witness for example the dramatic drop in the price of corn. Above is a chart of the Teucrium Corn Fund (CORN), a proxy for corn futures. As you can see, corn prices are at multi-year lows right now. This is ironic given that the mainstream media assured us earlier this year that higher ag commodity prices were on the way.
[...] The price of wheat on the Chicago Board of Trade (CBOT) doesn’t present a rosy picture, either. Here you can see an equally conspicuous plunge in the wheat price to multi-year lows.
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1 comment:

  1. Epic researchJuly 30, 2014 at 7:03 AM

    Any analysis that relies on the past to offer guidance about the future makes the strong assumption that the future will in fact resemble the past.

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