Are we seeing signs of easing inflation?
Let’s look at the data:
$WHEAT at 806 after hitting highs of almost 1300 last March (38% drop)
$CORN.US fell to 24 after hitting 30 last April (20% drop)
$COPPER near 3.5 after hitting 5 last March (30% drop)
$OIL below 99 levels after hitting 127 last month... 顯示更多 翻譯
The thing about neo-Keynesian thinking is it's too abstract for the real world. Food isn't a button to be twiddled: it's something people have zero choice about 'investing' in. Core commodities (including oil and gas) are showing the effects of abstract manipulation (in the non-conspiratorial, says-so-on-the-tv... 顯示更多 翻譯
I wish it were true kabayan. However, these are diversivied products and are manipulated by large fund managers. Case on point is $WEAT that is supposed to reflect the value of wheat.
How can the price if wheat be this much down when there is currently a deficit of the commodity as tons of it is stuck... 顯示更多 翻譯
Taking advantage of buyer's market to buy cheap.
Looks like we are in a buyer's market again. Bought additional shares of $SAN.MC (Banco Santander SA) and $MTS.MC (ArcelorMittal) in small portions as part of risk management approach. We might experience several drops from time to time as the... 顯示更多 翻譯
Commodity to Financials
Successfully converted the portfolio into majority $USO to financial sector. The timing is somehow very good as $OIL fell almost 20$ per barrel from highs. Below are the reasons for accumulating financials sector, some are as also mentioned from the previous posts.
1. Financial... 顯示更多 翻譯