Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
That last point is one of the more particularly important points that both the US stock and bond markets are trying to communicate noiselessly to those who are front-running the #Disinflation Cycle:
In other words, if one of the strongest remaining Commodities, globally, has less than +2% of 1-month price momentum, what is the ROC (rate of change) of real world inflation really doing? |