Sunday, April 25, 2004

Chart of the Week

CRB Index 6-month Chart



Bottom Line: The CRB Index, a measure of commodity prices, broke its 6-month uptrend last week. Commodity prices have been the main source of investor concern regarding inflation. Higher U.S. interest rates, the Chinese government's attempts to slow its scorching economy and a rising U.S. dollar should continue to pressure commodity prices in the short-term.

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