Source: Bloomberg Commodity Index Crashes To 16-Year Low – 22% Below 2009 Trough | Zero Hedge
One thing that financial commentators the world over seem to be agreeing on is that there is a market ‘collapse’ coming. What there is divergence on is what the outcome of this collapse will be and so predicting such an outcome is not easy, scientific or agreed. What is interesting is the data, especially when compared to historical data during other crises. Once more Zerohedge cuts through the crap with updated comparisons from Bloomberg.