1085 days ago
Energy stocks look set for a major breakout. E&Ps had a very strong move today after a much needed pullback since 3/11.
Energy is now the leading sector YTD by over 10 pct pts. Only the beginning.
These stocks are probably headed much higher.
1085 days ago
According to a 50 page report by Goldman Sachs, copper will be essential for decarbonisation, a green transition will support a surge in copper demand, and copper could surge to $15,000. However, the copper market is not prepared for its critical role in the movement and stick supply could threaten to deplete copper stocks mid-decade.
1085 days ago
Corn prices hit the highest level since June 19, 2013. Prices have nearly doubled since August 2020.
1086 days ago
As highlighted by www.uzerohedge.com, “Things are now out of control. Everything is a mess, and we are seeing wide-scale shortages.” as there is an unprecedented shortage and tightness across the entire timber supply chain. Lumber is the the bigger cost component of any new house and the prices have surged more than 60% to record highs this year. Analysts aren’t expecting any relief until late 2021, if not later. US median prices for both existing and new homes are at all time highs, and soaring at a record annualized rate of almost 20%. As such, increasingly more Americans find themselves priced out of homeownership. Since most US houses are made out of wood, home prices are about to get even more expensive...
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1086 days ago
US dining out almost back to pre-COVID levels in Southern States, while 40% down in Northern States including the likes of New York City.
