Economic prospects have improved over the last two weeks, as crude oil prices have shown signs of declining further, the Fed have minimally downplayed the prospect of a near-term rate hike, and perhaps most importantly, the ECB did “something” to help facilitate growth in the euro zone.
Live Cattle
Classic Physical Commodities Under Spillover Pressure
The markets have seemingly become comfortable with a “one and done” rate hike from the Fed in December or sometime in early 2016.
Potential Boost in Demand for US Commodities
Risk sentiment received a shot in the arm last week after the latest FOMC meeting tamped down concerns over global growth and used more decisive language in favor of a December interest rate hike.
Economic Data Has Softened in the US and China
Economic data has softened in the US and China over the last two weeks, yet some commodity funds have been seen bottom-picking.
Markets Poised to See Declines in Equities, Gains in the Dollar
An important junction lies ahead as fears about China have returned to the marketplace despite two days of Chinese holidays finishing out the week.
What Will Keep China From Becoming the Next Global Headwind?
A Recovery Unfolding at a Slower Than Expected Pace
The recovery of the US economy continues but at a pace that is disappointing for a variety of markets.
The US Economic Pendulum Has Shifted Again
The US economic pendulum has shifted again, with data flows generally remaining disappointing and little of any improvement in activity in the face of better weather.
Macroeconomic Conditions Improving; Return to Growth
Macroeconomic conditions are improving, and the Fed Chairman feels confident enough to weigh in with her own “irrational exuberance” moment with respect to equity valuations.
Global Economic Condition Remains Suspect
From the recent action in Treasuries, stocks and physical commodities, one could come to the conclusion that the global economic condition remains suspect.