With the exception of gold, all commodities are down. I understand the fundamentals as to why, I just wonder if we are going to get caught in a strong deflationary down draft.
That's the thought I have been acting on this past year. Debt-free and starting to amass some cash in the National Bank of Serta.
The only blip I see is the horrendous increases in foodstuffs. Yesterday we saw $5 a bunch asparagus, $3 a pound brussel sprouts and a 4-pound spaghetti squash at $5.
I think the market is unloading everything right now.
Probably will begin to allocate for a new reality, if Trump wins in Iowa.
Trump will be (strongly) repatriating a lot of American manufacturing.
Big time. However we have as a country sold our entire manufacturing base to China. All our manufacturing base. Pretty much.
I think we are in the calm before a (huge) re-allocation.
Just my .02.
Probably another month, then all heck will break out to the upside for a lot of things.
However the bunch of companies based on buying ever more Chinese manufacturing good may be slammed. Bigtime.
Maybe. But that is how I interpret things right now.