Commodities slump sends slow ripples through world economy
Lower airfares, cheaper food and rising profit margins are among the benefits that should flow from tumbling oil and commodity prices – but only after a long lead time.
Having poured US$400 billion into commodities over the past decade, many investors are now selling. Their confidence that risky assets could only float higher on a rising tide of cheap central bank money has crumbled as the global economy fails to respond to the stimulus.
via Business feed http://www.scmp.com/business/commodities/article/1220684/commodities-slump-sends-slow-ripples-through-world-economy