Contagion and Fear Hit Credit Suisse, What’s Next?
Real Vision: Finance & Investing
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Are You Still Bullish on Commodities?
Julian Zelizer: "I think we look commodities obviously pretty bored basket but I would say you have to split it into two this precious metals which a lot of people refer to and they talk about commodities" And then there's the rest which is pretty industrial. He says he thinks oil probably goes down into maybe we can get it into the low 60s maybe upper 50s. The copper looks like crap. All the industrial steel usage looks awful. All of this stuff is coming down. Is that because everyone's focused on the demand side. Yeah I think so and rightly right I think everyone is forgetting that China and I just, you know, look, I'm an old man now
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