We have to predict a major agricultural and financial juncture just ahead.
Russia
Global Economic Outlook for 2015 Should Outdistance 2014!
Economic skies continue to brighten as some of the most troubled areas of the world (the Euro zone and Japan) are beginning to show some improvement and the only major nations that appear to be degrading are Brazil and Russia.
Gradual Improvement in Economic Sentiment is Possible
A number of central banks have implemented fresh easing efforts, German and European economic prospects have shown some minor improvement, and the prospect of lingering cheap energy prices is starting to offer global consumers new confidence.
U.S. wheat prices soar as Russia slows exports
U.S. wheat prices hit a seven-month high, a move that many analysts believe is a response to the Russian government’s interventions in the commodity’s markets.
Near Perfect Storm of Negative Sentiment
Sometimes the problem with a cure is that it takes too long to work. In the case of sagging crude oil market, it appears that it has become daily confirmation that the global economy is slowing down.
Will There Be Another Boom Period?
The ongoing fear of global deflation just doesn’t fit with most of signals flowing from the marketplace.
Negative Cloud of Global Sentiment
The recent market action appears to have been a capitulation event that has exaggerated global slowing fears.
A Turn in Global Economic Headwinds
Negative headline news has reached a fever pitch, seasonal commodity price pressure remains in place, adverse Dollar action dominates, and perhaps most importantly, the international economic outlook continues to deteriorate.
Alibaba Laying the Foundation for a Commodity Low
While it is premature to suggest that a major bottoming of commodity prices is imminent, a combination of bearish geopolitical pressures, distinctly adverse currency market action, slack physical demand and rising physical supplies could result in a crescendo of selling and perhaps an intermediate bottoming in several markets.
Is the US Economic Recovery Faltering?
In retrospect, the sharp slide in physical commodity prices was well deserved, what with global macroeconomic sentiment eroding in the wake of signs of lost momentum in the US recovery, threats of additional sanctions against Russia, and perhaps most importantly, a soaring US Dollar.