14.07.2014 - Is “Inflation” On Its Way Out? Keep An Eye On Commodities
Yes we are all too aware that Food, insurance and many other assets are more expensive these days. Speaking purely from a Commodities perspective, the Commodity Index TR has made a series of lower highs over the past few years. Early this year the index rallied up to falling resistance and now its breaking down below a couple of support lines. Should we listen to the broader global inflation message or lack of with this index break down of late? I believe its important what the basket of commodities does going forward. I doubt that long bond players dislike this price action!!!..............................................Full Article: Source
Print