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Commodities, Precious Metals Are Tumbling - Give Up China Rate-Cut "Hope" Gains & More

That's not supposed to happen...

 

 

If rate cuts create "growth" and stocks are discounting that "growth" then why are "growth"-oriented commodities dumping?

Or did China just admit by action that its economy is much more screwed-er than its GDP data suggests...?

 

Crude even lower no - 2 month lows...

 

Charts: Bloomberg