As expected, as the funds exit the commodities markets, prices have declined precipitiously.
Crude Oil Futures – below $90
October 6th, 2008 · 2 Comments · Energy
Tags: crude
Financial Markets
Random musings on global financial markets, technology, physics and geopolitics
Recent Comments
GTim on Michael Masters Testimony on Derivatives/Commodities Markets
Kim Appapillai on Michael Masters Testimony on Derivatives/Commodities Markets
Mitch on Richard Bove : Driving the Financial System to Collapse???
mano on Senate Bill Would Regulate OTC Derivatives and Credit Default Swaps- Kim Appapillai on Senate Bill Would Regulate OTC Derivatives and Credit Default Swaps
2 responses so far ↓
1
Anjuli
// Oct 6, 2008 at 5:33 pm
Why is this expected? Why are funds exiting the commodities markets? Is this related to the big financial crisis?
2
Dad
// Oct 6, 2008 at 8:21 pm
As the Washington politicians started investigating the workings of the commodities markets, big financial players decided to exit rather than bear further detailed scrutiny.
Leave a Comment