Commodities are one of the most hated sectors of the market right now, with commodity prices crashing to a 13-year low in July.
But it appears we're nearing the point of maximum pessimism. Opportunity could be just around the corner.
By Peter Krauth, Resource Specialist, Money Morning -
Commodities are one of the most hated sectors of the market right now, with commodity prices crashing to a 13-year low in July.
But it appears we're nearing the point of maximum pessimism. Opportunity could be just around the corner.
By Peter Krauth, Resource Specialist, Money Morning -
Commodities are one of the most hated sectors of the market right now, with commodity prices crashing to a 13-year low in July.
But it appears we're nearing the point of maximum pessimism. Opportunity could be just around the corner.
By Rebecca McClay, Money Morning -
Biggest stock market news today, before the opening bell: The government shutdown that kicked in yesterday after lawmakers could not agree on a federal budget last night has done little in the way of dampening the stock market. With politicians at odds now, investors are anticipating a faster resolution to another issue -- the debt ceiling issues that will come to the foreground in about two weeks.
While some 800,000 government employees are now furloughed with another million asked to work without pay, investors seem to believe this closure will be short-lived. The shutdown is the first in the U.S. in since 1995.
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By Larry D. Spears, Contributing Writer, Money Morning -
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