The Commodities Basket Trade

Look what the commodities basket trade unwind is doing to these odd bed fellows:

DBA - PowerShares DB Agriculture
DBP - PowerShares DB Precious Metals
DBE - PowerShares DB Energy

Whether it's large hedge fund liquidations, or a global slowing premise, the result is the same; too many actors heading for the wings all at the same time. Meanwhile, equities are going nowhere. Click to enlarge:

Comments

[nycDem:]

Article should be retitled "The Commodities Basket-Case Trade"!!

2008 Sep 06 02:17 AM

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