FYI: Price trends for ETFs covering oil, commodities, lumber are concerning
When the U.S. dollar is strong, commodity prices drop since they're priced in dollars.
But recent commodity price declines are excessive. The dollar DXY, +0.17% as measured by the PowerShares DB US Dollar Index Bullish Fund UUP, +0.12% has surged, but not nearly as much as commodity prices have fallen. These commodity drops indicate a serious decline in demand, which in turn has translated to weak global GDP growth.
This decline is already evident, as recessions are visible in many developed markets (Europe) and also emerging makets.
Regards,
Ted
http://www.marketwatch.com/story/these-etfs-are-telling-you-the-economys-in-trouble-2015-02-01/print