Independent. Objective. Reliable.
On the one hand the US economy continues to plow forward, but on the other hand trade issues remain threatening, with the US/Chinese situation poised to get worse before it gets better. A US/Canadian deal, which in turn would probably be an updated version of North American Free Trade Agreement, might not have the impact of…
The US stock market continues to climb “a wall of worry,” as less than stellar US economic data, ongoing US/China trade tensions, signs of a building global currency problem, and expectations of a US interest rate hike this month are being discounted…
The number of global geopolitical/economic flashpoints has expanded dramatically, and the potential for a major risk-off event is growing. Given that US/China trade tensions are escalating and given China’s outsized impact on physical commodities, the threat against…
The number of global geopolitical/economic flashpoints has expanded dramatically, and the potential for a major risk-off event is growing. Given that US/China trade tensions are escalating and given China’s outsized impact on physical commodities, the threat against…
The US economy has remained on a positive jobs track and Chinese stocks have remained under pressure, and that could be suggesting that China is losing ground in the trade battle. However, dialogue in the US…
On balance, global economic conditions improved over the last week, with a slight tempering of trade tensions, strong US growth readings, and ideas that a number of central banks are seeing conditions that will allow them to plan stimulus exits…
Senior Broker and Market Analyst Tom Dosdall provides expert commentary and key levels to look for in soybeans, corn, cattle, and more in Technical Ag Knowledge.
Judging by the reactions in the markets, sentiment on global equities has not been injured by the trade salvos, but sentiment on a number of demand-driven commodities has. With China posting yet another record trade surplus with the US for the month of June and…
In this morning’s comment for Swing Trader’s Insight I wrote that I would look to short the November soybean futures if they broke the Thursday low. I try to get the morning comment out as early as possible. For this reason I don’t provide a lot of detail there; I thought I’d explain the setup… Read more.
As of this writing, the bearish physical commodity headline flow has the feel of an approaching peak. Very good growing conditions in the US, concerns over an internet tax, the recent US rate hike, an 11-month high in the dollar, sentiment injury, tension over immigration, an explosion in global tariff threats, and a slight loosening of world oil production restraint leave physical commodities…