Goldman sees commodities 📈 𝙧𝙖𝙡𝙡𝙮𝙞𝙣𝙜 later this year: “In our view, macro markets are pricing an unsustainable contradiction — it is difficult to square a softening FCI [Financial Conditions Index], a more accommodative Fed pivot, falling inflation expectations and drawing commodity inventories.”
This... Afficher plus Traduction
I read recently about 🇩🇪 German chemical industries near to close due to soaring $NATGAS prices. In addition 🇪🇺 European contingency plans against a total cut off from 🇷🇺 Russia include industries partial lockdowns to face energy crisis next fall.
Maybe 💸 inflation has peaked in the 🇺🇲 US... Afficher plus Traduction
Personally I wouldn’t bet against the chemical industry, in particular agrochem. When natural gas first spiked in the UK, the government stepped in to subsidise supplies to companies such as CF fertilisers… the EU will find a way to keep the capitalist cogs turning, probably at the expense of the elderly... Afficher plus Traduction