Monday, April 22, 2013

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

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