Commodity price, Hedging, Market research, Market trends

Do markets move in trends?

Do markets move in trends – I find it baffling and fascinating that this question is still even debated, but there are individuals – usually in the academia – who, in all seriousness, will maintain that price fluctuations are random, and that we essentially hallucinate trends. I’ve tackled the issue in some detail in my, any-day-now-to-be-published book, but perhaps a few charts could help settle the issue: Continue reading

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