Wednesday, June 15, 2011

QE2 and Commodities

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

http://1.bp.blogspot.com/-Rgb8cUeILbk/Tfe8tMx7e8I/AAAAAAAABXQ/ykFulb8-_hw/s1600/sg_Q2PricedIn_110614.png
(click to enlarge)
A picture is worth...