In June, we had this:

Then, after June, China happened, so September:

And now, this week, Macquarie:

Ain’t it amazing how quickly it can change? But sherbet – the world really hates commodities.

Seems like a good time to start watching for that contrarian wave…

Rolling Alpha posts about finance, economics, and sometimes stuff that is only quite loosely related. Follow me on Twitter @RollingAlpha, or like my page on Facebook at www.facebook.com/rollingalpha. Or both.