Data-Driven Commodity Research, The Commodity Report

The Commodity Report

A unique newsletter about commodities and macro analysis in a weekly format.

Data-Driven Commodity Research

Commodities

<ul>
<li>The benchmark, CRB Commodity Index, ended the week 1,2% lower </li>
<li>The news of the week was probably that the Atlanta FED changed its GDP now forecast drastically and signaled that a recession as soon as January 2023 is likely.</li>
<li>Commodities plunged after that news because demand destruction could become worse over time. Nevertheless, we need to differentiate.</li>
</ul>


The benchmark, CRB Commodity Index, ended the week 1,2% lower 
The news of the week was probably that the Atlanta FED changed its GDP now forecast drastically and signaled that a recession as soon as January 2023 is likely.
Commodities plunged after that news because demand destruction could become worse over time. Nevertheless, we need to differentiate.


2-Year US Treasury Note Futures (TU1 COMDTY)

CRB Commodity Index

The Commodity Report #58