The outlook for the global economy has improved marginally, with a series of positive US data providing some respite from the generally discouraging economic news flowing from Europe and China.
Wheat
Wilkins Ag Wire for 2014-08-19
Join Drew as he reviews day one results from the crop tour along with yesterday’s crop progress report.
Long, Slow Global Economic Recovery
The US recovery looks destined to sneak up on the markets, particularly with the Treasury market.
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.
The US and Global Economies Showing Better Results
Into the end of April, the US economy was clawing its way toward self-propagating growth, but clearly recent growth has not been strong enough.
Pessimistic Views On Global Recovery Pace
Into the early April high in equities, global economic sentiment was hopeful of a quick return to a progressive recovery pace.
Slow and Gradual Recovery In the World Economy
While the US economy is improving, the improvement probably isn’t definitive enough to satisfy US equities, which have recently carved out fresh new all-time highs.
Tell-tale Signs of an Improving Global Economy
The price action in many physical commodities over the last two months has been very impressive, and that action is indicative of a global economy that is waddling its way toward recovery.
Recent Concern For the Pace of US Recovery
Looking at the action in stocks last week, we might develop some concern for the pace of the US recovery, especially in the wake of a soft December Non-Farm Payroll result, sub-par sales guidance from a couple of bellwether US companies and from fears that the Fed might continue to taper even in the face of uneven US data.
The Origin and Evolution of the Commodity Futures Market: Part I
The 1983, Eddie Murphy and Dan Aykroyd’s film, “Trading Places”, is a hilarious account of the ups and downs of the commodity futures market. Randolph Duke, Senior Partner of an established commodity brokerage firm, explains to Billy Ray Valentine (Eddie Murphy) just what exactly commodities are and how they are traded: “Now, what are commodities?… Read more.