Thursday, May 5, 2011

"Alright, Goldman: Take Your Victory Lap on Commodities"

From MarketBeat:
Chalk one up for the commodities watchers at squid central.

Here at MarketBeat we’re often accused of being quick to jump on analysts who get things, well, wrong. But we’re also more than willing to dole out kudos when folks get things right.

So we’re going to give Goldman Sachs’ commodities watchers a tip of the cap for coming pretty darn close to calling this recent peak in commodities....MORE
If memory serves, Goldman made the oil call three times in two weeks.