Commodities Drop "Correction not Collapse"
Tobias Merath, a commodity analyst at Credit Suisse Group, talks with Bloomberg's Bernard Lo and Haslinda Amin in Singapore about the impact of declining demand, falling prices and the global economic slowdown on commodity markets.
click for video
00:00 Demand decline, global slowdown; speculation
03:13 Soft commodities, "correction not collapse"
Running time 05:52
Source:
Merath Says Commodities Drop `Correction not Collapse': Video
Bloomberg, Aug. 6 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=amYpTvSP_OSk
Wednesday, August 06, 2008 | 03:00 AM | Permalink
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You're up early. I was just reading the wire services report about this interview. So - where do you think this goes and what does it mean? If high oil prices were a drag on the economy, and they were, then are low oil prices a push on the economy? I don't think so. Its asymmetrical.
Regards,
Roy
Posted by: Roy | Aug 6, 2008 3:32:52 AM
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