February 13, 2023| Copper is often looked at as a valuable leading indicator of economic activity. Chile is the #1 copper producer in the world, supplying ~29% of exports and hitting 10 year highs. Copper is signaling sustained global demand in 2023. Source: thedailyshot
...February 6, 2023| While the Fed meeting stole the spotlight, the U.S. Manufacturing Index* quietly slowed down more than expected. New orders have hit concerning levels, but it’s the sustained downtrend that is more concerning. *Institute of Supply Management Source: thedailyshot
...December 12, 2022 | With inflation slowing and weaker economic data, markets are ripping up the script, pricing in two interest rate CUTS during ‘23. The idea of rate cuts have moved stocks higher, but markets seem to be putting the cart before the horse, thus being overly optimistic. Source: Bloomberg, FT
...December 12, 2022 | Investing could be simply taking advantage of what markets are giving you. While higher interest rates have been tough, it has also opened a new door. Higher interest rates mean municipal bonds could offer a compelling investment opportunity. Source: thedailyshot
...November 14, 2022 | Global energy prices have collapsed as Europe has met storage quotas for natural gas, with many +90%. Something that many thought was impossible just 6 months ago.The battle is not over yet, a cold winter may put upward pressure on prices when gas is most needed. Source: The Economist
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