Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (1389)	7/18/2002 10:12:00 AM
From: Robert Douglas	Read Replies (1) of 1643

i can't predict the immediate future, but longer-term it is going much higher. stocks going lower. economy kind of slugging along. How can we possibly have higher commodity prices with a sluggish economy? Also, have you ever seen a chart showing the core crude PPI to corporate earnings? Bruce Steinberg, chief economist at Merrill Lynch, publishes this regularly. It shows an extremely tight correlation. If we get a higher crude PPI, we will get higher S & P earnings. Stock prices are almost sure to follow.

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