The events in the second half of 2014 will do more to stimulate the global economy than all the central bank and governmental efforts combined.
Coffee
Will There Be Another Boom Period?
The ongoing fear of global deflation just doesn’t fit with most of signals flowing from the marketplace.
Disappointing Pace in US Recovery
The markets are facing a repeat of “irrational exuberance.”
Trend in Chinese Economy Impacting Physical Commodity Markets
The track of the US economy is important, but seeing a trend of better economic news from China is probably more important to physical commodity markets.
Are We Closer to Sustained Forward Progress?
It seems that every positive report is matched up with a disappointing one, and with residual strength in Treasuries emerging at the drop of a hat, we think the marketplace has become a little jaded to actual recovery progress in the US.
Global Economic Progress is Faltering
Global economic progress is apparently faltering, and noted fund managers are warning against having “too much equity market exposure.”
Soaring Treasuries Suggesting US Recovery is Not Sustainable
The Outlook for the Global Economy Not Impressive
Going into the end of April, the economic outlook for the Chinese economy is “unchanged”, the outlook for the US is only minimally improved, and the outlook for the Euro zone is better than most expectations.
US Growth Expectations Signaling a Long, Slow Recovery
Over the last two months, the Goldman Sachs Commodity Index has racked up some fairly impressive gains, suggesting that commodities have been sensing improvement in the global economic outlook.
Suspicion Toward Pace of Growth, Commodity Markets in Downward Bias
With a second Fed tapering event recently, the reality of less accommodative US monetary conditions was mostly realized in the marketplace, and not surprisingly, equities suffered the brunt of the reality check.