CRB Index, 5 years
February 6, 2006 11:53am by Barry Ritholtz
This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/
What's been said:
Discussions found on the web:Posted Under
Previous Post
Read it here first: ‘Mad Money’ Madness in NYT
Historicaly the CRB index of industrial raw materials — excludes oil — is a very good leading, concurrent indicator of oil prices.
I wish I still had my first copper futures contracts I bought in 1991. I’d be freaking retired.
I see no recession on that chart. I see long bond rates going higher adn the Fed hiking ad infinitum. And I see the possibility of disrupting the “cheap” market theory the bulls are using. Looks like the futures market is starting to price in 5%.
Why would I want to invest in stocks, unless they are commodity stocks, when I could get a guaranteed 5% given the uncertainties that exist? 6% in a bank loan fund.
The only reason you would like to be in stocks is to be “short” this market. We’re headed for a big correction! Hold on and wait as long as possible to cover those positions. The hibernation is almost over!