John Barone

Economic turmoil still looms large in 2013

John Barone assesses the state of commodities markets and how they may be affected by continuing economic uncertainty.

“Uncertainty” was the biggest complaint among business leaders in 2012, prompting many of them to delay hiring and investment spending until they could get a clearer, post-election picture of what was going on with the budget talks.

Now it appears that American consumers have caught that sentiment. The Conference Board’s Consumer Confidence Index fell 6 percent from November to December, to its lowest level since August. The numbers suggest that consumers were

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