No one rings a bell and says today we are in a Depression. More so, as much as there are accepted ideas of what is an economic depression it is hard to find economists in agreement. One of the most accepted determinations by economists is based on unemployment. Some other determinations are restriction of credit, shrinking output & investment, rampant bankruptcies, reduced amounts of trade and commerce, as well as highly volatile relative currency value fluctuations, mostly devaluations. Price deflation or hyperinflation are also common elements of a depression.
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My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following.
Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.
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