ETFdb Analyst Michael Johnston Discusses the Sugar High on BNN

by on August 13, 2009 | ETFs Mentioned:

Michael Johnston thinks SGG is headed for a correctionEarlier today, ETF Database Senior Analyst Michael Johnston appeared on Business News Network’s The Close program to discuss the soaring price of sugar and sugar ETF SGG. Johnston believes that there is no way that these prices can keep up and that sugar “is headed for a major, major downward correction… At some point prices have to go down,” he says.

Watch the full interview on BNN.