MacroThinking

GS Commodity Index indicating higher prices

AMEX:GSG   ISHARES GSCI COMMODITY-INDEXED TRUST
The Goldman Sachs Commodity Index appears to have broken its recent down-trend, and may be poised to move higher. As oil             is a large component of this index, it suggests that oil             is also likely to continue higher.

If higher commodity prices are in our future, rising inflation could become a topic that impacts US stocks (positively), bonds (negatively), and currency (positively).
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