The Commodity Pullback Continues.

Dan Deming shares his thoughts with Oliver on the recent price pullback in many elevated commodities like copper and lumber. He says when you look at some of the price action that some of these commodities had realized leading up to year to date, there is a market evaluation check that is mean reverting. Dan does still think the commodity bull trends are still in tact, but that the speculative froth is being repriced. He also shares his thoughts on the he Fed which indicated today in their message that there is a long way to go for this economic recovery.