Friday, September 30, 2011

Quarter 3 a Horror Show for Commodities

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While the S&P is down low double digits for the quarter, the real damage was elsewhere.  Small caps have been obliterated, as the Russell 2000 is down well over 20%, and commodities have simply been decimated.  Below is the quarterly performance in the group with a few hours to go.  You eeked out some small gains in gold and ...err, rough rice and live cattle.  Otherwise, it's a sea of double digit red.

[click to enlarge]


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