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Danielle Park: Why the Decline in Commodities Prices is a Good Thing

At the World Resource Investment Conference in Vancouver, Danielle Park and INN Senior Editor Andrew Topf discussed macroeconomics and commodities.

At the World Resource Investment Conference in Vancouver, Danielle Park and INN Senior Editor Andrew Topf discussed macroeconomics and commodities. Park, author of Juggling Dynamite, believes it’s positive that commodities are moving down because it means a base is being established for a recovery in the business cycle. Park also said there is great risk right now in the S&P 500 (INDEXSP:.INX) and income-paying instruments like dividend-paying stocks.


MARKETS

Markets
TSX20360.10+148.90
TSXV615.11+5.23
DOW34302.61+112.64
S&P 5003999.09+15.92
NASD11079.16+78.05
ASX7328.10+47.70

COMMODITIES

Commodities
Gold1916.54-0.95
Silver24.18-0.11
Copper4.18-0.02
Palladium1713.170.00
Platinum1087.260.00
Oil79.70+1.31
Heating Oil3.27+0.06
Natural Gas3.58-0.12

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