Market Anthropology: Following a “Deflated” 2008 Redux in Commodities

Tuesday, December 9, 2014

Following a “Deflated” 2008 Redux in Commodities

While the respective moves are roughly half 2008’s magnitude – led by a corresponding seasonal pivot in the US dollar and euro, commodities have loosely followed the glide path of the 2008 sector decline this year. Should the comparative prove prescient, a similar dynamic will continue to develop as precious metals have found a foothold – before the broader sector and currency markets turn