As alluded to in Mr. Achuthan’s comments on Bloomberg this morning (before Tom Keene did his characteristic cut off of guests saying things he does not like. Honestly SNL has to do a comedy skit on Keene and his antics), commodity companies have not enjoyed the QEternity bid, and since 2011 have continued to confirm the post-credit bubble, weakening global economy story.
Source: Cory Venable, CMT, Venable Park Investment Counsel, Inc.