December 5, 2006
4th Quarter ‘06
The price of commodities especially crude oil has finally fallen, whether temporary or permanent only time will tell. However, what is interesting to note is that historically a fall in commodity prices (during the 70s and 80s) has lead to a recession. We hope that this will not happen and that Governments and Central Banks will be able to learn from the past to take the necessary measures so as to enable economies to have a controlled slow down and avoid a recession.
Articles: 4th Quarter, 06 (right-click mouse to download)