"It's panic," one money manager says of this week's commodities rout. "There's nothing to do with weak U.S. economic data. It's not a global financial crisis. It's a classic liquidation move in a crowded trade." Among the week's biggest losers: Emerging-market funds belonging to Goldman Sachs (NYSE:GS) and Franklin Resources (NYSE:BEN).
"It's panic," one money manager says of this week's commodities rout. "There's nothing to do...
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Symbol | Last Price | % Chg |
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GS | - | - |
The Goldman Sachs Group, Inc. |