Wheat is a somewhat overlooked commodity. But it’s a key commodity grown in Ukraine. Its price has been soaring over the past week, as both Russia and Ukraine account for about one quarter of the global grain trade, and about 20 percent of corn production.
That points to higher food prices overall, over and on top of increases likely coming due to higher fertilizer costs. Fertilizer is also a major export from Russia. Last year’s rising food commodity prices, largely relegated to smaller commodities like orange juice and coffee, weren’t as big on the radar for good reason.
The uncertainty in one of the largest grain-producing regions of the world points to significantly higher prices going forward. The best trade to make now might be to take some extra cash lying around and stocking up on some extra food, to better insulate against any wild swings or lost major production this year.
Now here’s the rest of the news:
The Scary Math Problem That Could Ruin Jerome Powell’s Career
When the Federal Reserve chair speaks, the world listens, assuming his policy preferences will be enacted. Jerome Powell faces extremely tight math in attaining a majority of the Fed’s policy-setting committee for his preferred actions. [Read Here]
New Inflation Research Terrifies Real Estate Investors
Hopes that high inflation will be short-lived may be quashed by the recent run-up in home prices and rents. That’s one of the main takeaways from a new working paper exploring the relationship between housing inflation measures from the CPI and… [Read Here]
March 02, 2021
Technical analysis can often provide investors with a number of potential pivot points in the market. While not accurate 100 percent of the time, but helpful with short-term trading, the past few months have given a strong clue as to when markets will rise again.
On Friday, the S&P 500 closed the day near its lows, but also right at its 50-day moving average. A similar decline in late January also occurred. The strong performance after both moves suggests that the market may be prone to sizeable drops, but that it will find support early and quickly. The tech-heavy Nasdaq has been more volatile, and has broken under its 50-day moving average recently, but came back up in yesterday’s strong trading.
What technical indicators are you using when trading to find the best opportunities?
Hit reply and let us know how you’re handling the increased volatility.
Now here’s the rest of the news:
This Potentially Catastrophic Inflation Surge Slipped Under the Radar (Until Now)
Food prices have risen steadily for the last seven months, and history has some pretty disturbing lessons about what happens when people have trouble feeding their families…
March 02, 2020
Markets continue to slide on fears, but at some point, every investor who wants out will be out. And, since every seller has to find a buyer, an interesting question emerges: Who has been buying shares during the recent market panic?
We will likely find out soon among the big-name investors and fund managers out there. And we will likely see a continuation of the notion first voiced by Warren Buffett:
“The stock market is a device for transferring money from the impatient to the patient.
March 02, 2019
Early Saturday afternoon. Just finished my
3rd cup¹ of coffee, and a lite nacho lunch with Caryl. As anyone working from home will tell you … everyday you must be doing something on, or with your business; today it is designing logos.
As is becoming my habit now … instead of outsourcing first, I thought I’d watch a YouTube video with over a
million views on how to design my own. My thinking is… it’s easier to have someone else design ‘what exactly I want’ when I have an idea first of what I want that person to design. I’ll be back to get your feedback on a few of my design ideas. Chow for now! 😉
¹errr 4th cup… / swapped out the ‘video’ as well…
P.S: As you can tell it was not as easy as hoped… it may indeed be worthwhile paying someone with the right tools to build my logo… Chow a second time! 😉