Loading…
A Seeking Alpha commentary argues the Federal Reserve's new inflation strategy and expected further stimulus will push commodities higher. It cites signs of strength in commodity prices and recalls the pandemic's disruption to animal protein markets.
The argument is that loose policy supports commodity prices broadly, but it is opinion rather than a new supply or demand event, so the feed price impact is speculative.
seekingalpha.comAndrew HechtSep 18, 2020After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
