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Some Unpleasant Monetarist Arithmetic (guest: Jim Leitner)

The Market Huddle

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The Commodity Markets Have Had Their Faces Ripped Off Like a Champ

Commodity markets have had their faces ripped off, the one area that held up like a champ is oil. Oil's just being repressed because it's a risk off cycle and nobody wants goind a chase risk at this moment. The thought i have here, does crude oil lead everything out on the upside? Like, as in the kind of bull leadership of another leg higher? You know, i hadn't actually thought about that. I've always said that copper and gold are going to lead our way out,. But may you're right, because on a relative basis, oil's the one that's exhibiting the strength. And fi, don't add to your adding to your stocks

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