Commodities

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Dr. Copper May Be Signaling Peak Inflation

Jun 23, 2022 1 min read paid

Dr. Copper, the base metal with a PhD in economics, may be signaling a top in the CRB raw industrials spot price index. It dropped below $4.00 for the first time this year to $3.92 today (chart below). It may be predicting a global economic slowdown, but it's too soon to tell if it is foreshadowing an impending US recession.

Ed Yardeni

The Best Cure for High Commodity Prices

Jun 20, 2022 1 min read paid

In the commodity pits, traders often say: "The best cure for high commodity prices is high commodity prices." That's because when a commodity price soars, it depresses demand for the commodity and stimulates the supply of it. History shows that an even better cure for high commodity prices is a recession. During the late phase of economic expansions, the economy tends to boom. That drives up

Ed Yardeni