1171 days ago
Are we sure about this coming commodity super-cycle?
China commodity import figures paining a different picture
1171 days ago
Scuppered Carrefour M&A might have killed chance for stock to recover
Carrfour shares have been underperforming other international grocers
1171 days ago
China Imports of Corn, Wheat hit record high amid soaring Food Prices
On the same day that China published a much stronger than expected (if largely laughable as we first noted and Michael Pettis subsequently confirmed) GDP print, making China the only major economy to grow in the "year of covid", China customs data showed that grains imports soared to record highs in 2020 after tight domestic corn supplies pushed prices to multi-year peaks, driving demand for cheaper imports. China, the world's top agricultural market, bought a record 11.3 million tonnes of imported corn last year, according to General Administration of Customs data, exceeding the annual quota - which was set at 7.2 million tonnes - for the first time. China also imported a record 8.38 million tonnes of wheat, just shy of the max quota of 9.64 million tonnes. Source: www.zerohedge.com
1172 days ago
WSJ suggests S&P 500's material and financials sector set to outperform tech
Cyclical stocks tend to be tied to economic performance and with a growth prospect around the corner, WSJ is seeing financials and materials boom up past the 20% return levels potentially performing better than tech. Source: WSJ
