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The Simple Accountant
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Harry Fotopoulos, "the Simple Accountant" is a twenty+ year veteran of corporate accounting and finance, much of it in manufacturing, but also including a stint with a tech startup. Harry manages two separate portfolios, one focused on current income, the other on total return. A... More
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  • Interesting Anecdote from the Commodity Space 0 comments
    Apr 18, 2011 9:22 AM | about stocks: DBC, USCI, GSG
    Bloomberg has a note on an Aussie M&A deal that they suggest may be a harbinger of a top in commodities. While we prefer data to anecdotal material in our market analysis, this sort of thing does merit some consideration. An accumulation of such events could well signal the type of excess that ends bull markets.

    My own inclination is still to watch the US Dollar as a key indicator in this space, and of course most importantly, the price action in the commodities themselves. My instincts tell me this run is closer to the end than the beginning, but again, we'll let the data drive the analysis.
    Stocks: DBC, USCI, GSG
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