Weekly Roberts Market Report
US - Monday was a "sell-everything" kind of day as US equity markets declined and crude oil took a 6.4 per cent dive to $81.31/barrel after Standard & Poor's cut the US' top-tier credit rating from AAA to AA+. Commodities were pressured by ideas that a global economic slowdown will limit demand, writes Michael Roberts.
10 August 2011
2 minute read
