Word: economice
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What a difference a financial crisis makes. After the worldwide economic boom went bust, demand abruptly evaporated for many commodities. The Dow Jones - AIG commodity price index has shed more than half its value since mid-2008. The most visible turnaround has been in oil. A year ago, Western governments...
Of course, different types of commodities will react differently as the global economy improves, based on their own specific supply-and-demand conditions. This makes timing a turnaround complicated. Rogers says he expects commodities prices to be among the first to rise, out of all asset classes, when economic growth...
Here's a matrix of investments that do well, based on the shape of an economic recovery and your age. But don't bet your retirement on any one scenario - diversification works in a rebound too.
European Union economic forecast
1 | Brussels Plumbing a Downturn's Depths The economic crisis is hitting the E.U. even harder than its economists predicted in January. According to a new European Commission forecast, the "E.U. is not spared" from the "deepest and most widespread recession in the postwar era." European economies will continue to...