Copper Confirmed

By |2019-09-03T19:33:19-04:00September 3rd, 2019|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Copper prices behave more deliberately than perhaps prices in other commodity markets. Like gold, it is still set by a mix of economic (meaning physical) and financial (meaning collateral and financing). Unlike gold, there doesn’t seem to be any rush to get to wherever the commodity market is going. Over the last several years, it [...]

The Asian PMI Picture of A Dollar Shortage

By |2019-07-01T11:51:32-04:00July 1st, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It’s actually one of the few areas that has been studied in mainstream Economics. The links between global financial upset and broader economic consequences are pretty well understood. Trade gets shut down, therefore economies which are highly dependent upon the exchange of goods experience the effects first. When you see these bellwethers under pressure, it’s [...]