US Perspective - 14.06.11
The Jacobsen Commentary and Market Opinion
Courtesy of www.thejacobsen.com
The stock market has been retreating for five consecutive weeks, undeniably influenced by a faltering economy. Surprisingly, this has not yet had much impact on the hide markets. A few people have been speculating that the slowing economy will eventually spill over into the hide market, but producers have not received the memo and for the moment, remain quite upbeat.