What the commodity rally means for inflation
HTML-код
- Опубликовано: 22 май 2024
- The commodity sector has been rallying, reaching all-time highs, but what does this mean for the Federal Reserve's fight against inflation? HSBC Chief Multi-Asset Strategist Max Kettner joins Catalysts to discuss his outlook.
Kettner says the commodity rally has not "reignited a lot of those inflationary concerns." He notes that rallies such as the one occurring in Gold (GC=F) are coming from central bank buying. He also points out that commodities benefitted from less diversification happening in areas such as bonds coming off the Fed's rate hike cycle, pushing assets like Gold higher as well.
On the natural gas front, Kettner says he is not concerned, though he cautions if oil (CL=F, BZ=F) and natural gas (NG=F) prices were to rise simultaneously, it could pose a problem for markets. However, he says current energy prices in the US are still "relatively tame," adding that this indicates "we're nowhere near hitting that 2% inflation target anytime soon."
#stockmarket #
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
Great video! Your new trading strategy seems really interesting. I appreciate the detailed explanation and examples you provided. It's always exciting to see innovative approaches to trading that can potentially increase profits. I'm definitely going to give it a try and see how it works for me. Keep up the great work and thank you for sharing your knowledge with us!
I glad to have an adviser who is excellent in what he's doing , you changed my entire life and I will continue to preach and song your praises on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Bruce Murdock Advisory!!!!....
I was owing a loan of $192,000 to my bank ,
no longer in debt after I invested $25,000 and got my payout several times for the past two months.
God bless Bruce Murdock......
I feel thrilled about this, curiously inputted consultant Bruce Murdock Advisory is simply outstanding
on the web, and spotted his website. I've seen commentaries about advisors but not one looks this phenomenal...