Fed Taper Pause Fuels Commodities Rally
  • Elizabeth George
  • Sep 19 2013

September 19: Fat Prophets Resources Analyst David Lennox says with the Fed’s QE being put to bed, markets will take a few days to settle down. We don’t see a demand surge and for now supply is enough to meet the current demand, he says. Moreover, the fact that the Fed is not seeing sustained growth will put a cap on oil price hikes going forward, he says, adding that though we may see some near-term volatility, prices will remain muted.