CRB Index has been trending steadily since the time the logistics issues cropped up along the Covid wave across countries , gaining additional impetus from the crude oil rally - ukraine war. However off late its a bit surprising that so many of the commodity shortage or panic demand factors are so quickly priced in , as the ending diagonal in CRB almost makes it...
More percentages to oil that is good for supply problems so we can have growth in the economy .US must lead economy cool down that's a good sign for world economy recovery
let oil drop to 85$ or 80$ it will reset the indicator on oil and make it ready to bullish above 160$ on winter season end of year 2022 BS Europe and other countries can get away from Russian oil and gas take a lot of money and 3 years to build new oil distribution from other country
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out. Not enough time to finish sorry :(
People are putting in Bids to rent apartments in major cities, fewer and fewer people are buying homes, CPI is going up. The result is the value of the dollar (and for contemporary living) is going up. This results in high commodity prices to match the inflation, and the rise has been unreal. It will likely continue this year - I believe a double top will take...
What rate breaks the system? 1.5, 2, 2.5 percent? They have to push it to 2.50 or what little credibility they have will be lost.
need time to the bottom form support before bullish again
It could get uglier for stocks here if we continue higher on commodities.
If bonds, stocks and commodities rotate above and below the 12 month ma then I'd assume we are in stage 5. Feel free to comment. Comments are welcome.
CRB at all time lows - should be an allocation once dollar strength situation is resolved one way or the other.
This is bad. When you can't create supply what happens to the saying about what cures high prices? Waaaay Higher prices and Economic global recession.
CRB Commodity Index prediction When it gets highs the equity takes opposite affect so its inversely proportional
TRJEFFCRB expected a correction in this rally from this point
We might seeing around 30-40% pullback in commodity prices in the coming days which will be a buy of a lifetime opportunity because after this pullback I don't think we will ever look back while the world will be heading into a new place.
Commodities have reached target and key overhead resistance. Short April crude at 89.80 Yield in tnx also reached target on same day and I bought bonds at 152.20
Back on Apr 28, 2021, I posted a warning that commodities were about to explode higher. Since then the cute storytellers have tried in aver way possible to divert people's attention from the real reason for inflation Endless trillions of dollars printing. To this day the misinformation campaign continues.
expect huge drop on way as price hit to major resistance pls like for support
We have just ended 99% of the reflation wave in all assets .We are setup on any new wave up to end the reflationary forces from the FED . I SEE NOTHING PUT DEFLATION JUST AHEAD IN ALL ASSETS