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If the markets were a TV sitcom -- and really, they're heading that way -代写英语论文- the episode in which a drunk trader mistakenly bought millions of barrels of oil and raised the price of gas would certainly be the moment at which the whole show jumped the shark.
    Consider the commodities shark fully jumped, as the world learned that the UK's Financial Services Authority fined and banned former commodities trader Steven Noel Perkins for getting drunk one day in https://www.51lunwen.org/englishpaper.htmlJanuary 2009 and wreaking havoc on the oil market for a drunken trade. Perkins' firm lost £6 million.
    Perkins, however, at least had the excuse that he was drunk. Many other commodities investors in the second quarter didn't. Almost all commodity prices have fallen. Oil prices fell 9%, zinc fell 25%, copper and aluminum are both down and wheat is also weaker. Those commodities that aren't really suffering -- including corn and soybeans -- are experiencing intense volatility in their prices.
    And, not surprisingly, the losses are setting in. Andrew Hall, the legendary trader who was paid $100 million by Citigroup (C), just ran into 10% losses in his new fund in May. The New York Post recently reported that JP Morgan's (JPM) trading desk was rumored to lose up to $250 million on a bad coal trade in the second quarter.
    Goldman Sachs (GS) research also shows that banks pulled back on commodities trading in May compared to their activity in the first quarter, which caused a drop in average daily volume in commodities trading by 7%.
    Barclays Capital also said that assets under management by commodities funds fell by $3 billion in May, dropping to $291 billion, "with the fall in AUM due entirely then to price falls."
    It is starting to look a little tetchy out there. There are, however, optimists.
    Gold prices are up and probably will keep rising. (Blame the spies.) Barclays is predicting new peak oil, with analyst Sudakshina Unnikrishnan writing recently that he expects 2010 to create the highest ever average level of oil demand and concurrent prices at $80 a barrel and above.
    And Jim Rogers, the Buddha of commodities investors everywhere, is sticking to his guns. He recently said, "I'm short stocks and long commodities. If the world economy gets better, commodities are going to be the place to be because shortages are developing. If the world economy doesn't get better, commodities are still a better place to be than stocks."
    The commodities bull run was a beautiful thing. But investors have to wonder whether the best trades have already been done.
大宗商品：好日子到头了！

那位醉醺醺地把石油市场搅得天翻地覆的交易员已经停职了。关于这桩事情，除了当事人喝得烂醉如泥，还能找到别的原因么？

如果说，石油市场走势是一部电视情景剧——确实，实际情形正如戏剧一般展开——那么，当那位喝醉的交易员，错误地买入了上百万桶石油，把油价大幅拉高的时候，整部剧集就失去了吸引力。
事情的真相终于大白于天下。前大宗商品交易员史蒂芬•诺尔•帕金斯（Steven Noel Perkins）于2009年1月的某一天，在喝得烂醉如泥的情况下，执行了错误的交易指令，把石油市场搅得天翻地覆，其所在的公司也足足损失了600万英镑。为此，英国的金融服务管理局（Financial Services Authority）对帕金斯处以了罚款，并且禁止其入市进行交易。
帕金斯还算不错，总算有个醉酒的借口。第二季度表现不佳的商品投资者大有人在，他们却找不到像样的托词。几乎所有的大宗商品价格都在下跌：油价下跌9%，锌价下跌25%，铜、铝纷纷走低，小麦也走势疲软。而那些幸免下本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。