Dow Commodity Highs: 2007 vs. 2013
With the Dow hitting all-time highs again, it’s worth looking back at the Dow Jones in 2007 and examining what has changed. In the intervening time, it has been a wild ride for commodities. Commodity prices soared in 2008 and 2009 as China rapidly industrialized, with oil moving from about $50 per barrel to over $145 per barrel and copper jumping from about $2.70 per pound to over $4.20 per pound [for more commodity news and analysis subscribe to our free newsletter].
Posted in Agriculture, Aluminum, Asset Allocation, Commodity Producers, Energy, Industrial Metals, Natural Gas, WTI
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Tagged AA, CAT, GE, XOM
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