Market Movers Report: Buy Bonds, Sell Cocoa
By Kristina Zurla Landgraf • Feb 12th, 2009 • Category: Broker Commentary, Market UpdatesMarket Movers Report: Buy Bonds, Sell Cocoa by Dennis Cajigas The global economic landscape remains one of uncertainty, and that being the case, Treasury bonds should continue to see safe-haven buying. In contrast, we see cocoa as one commodity that’s overbought and looks to continue correcting. New Recommendations: Buy March Treasury bonds at 128-00 or [...]
