Wednesday, June 15, 2011

QE2 and Commodities

Correlation is not causation, of course.
From Société Générale via thefrugalplain:

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAtJeS0U4tQ1vYP_Chmg8LmM4jESlYVw6CHSPVW6nF7Q4O_zQLBYhB9QXG_hvi8Qo2R4JIe_wyDDoym5RglTtz7CzT75IrYOOCeGBCad1eNeTj6jhgDU7f1kdctHmyc4gv5x0oKerpMAs3/s1600/sg_Q2PricedIn_110614.png
(click to enlarge)
A picture is worth...