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Did The Bottom Just Fall Out Of Commodities?

By Tyler Durden
Created 09/19/2014 - 13:12
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 09/19/2014 13:12 -0500



 

Global growth expectations... we have a problem. With all eyes focused on BABA, Treasury yields, and Russell 2000 death-crosses, the old equally-weighted CRB commodity index has broken down through support to 4-year lows this morning...

 

[4]

 

Commodities have slipped notably since confirming their own death cross in August.

Chart: Bloomberg

h/t Brad Wishak at NewEdge

 

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