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19 June 2009

Are Recent Commodity Price Rises...False Hopes?

Wall Street believes the worst may be over... with much recent blather about "green shoots," etc.

Optimism abounds especially among the China bulls who argue that gains in commodity prices will continue for years because of that government's spending.

Other experts voice their disagreement...in a Bloomberg column ...by William Pesek.

http://www.bloomberg.com/apps/news?pid=20601039&sid=aLp2En_IU43E
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Labels: China, commodity prices, oil bubble, William Pesek
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