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!
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!