Inflation’s Collapse

[errolanderson]

Interesting article from David Rosenberg this morning entitled;

Bank of Canada will have to 'kill the economy' to crush inflation.

Well, the 'kill the economy' appears well on-the-way . . . .

[errolanderson]

Are the panicked buying price highs in for oil, wheat and gold?

May Chicago / KC wheat off 20% from Monday highs. May MWE off about 15%. Crude oil could break $100 per barrel should OPEC budge on production? Gold swaying both sides of $2,000 . . . .

[furrowtickler]

Interesting graph when you think of who is / was in power in the US the past 4-5 years ...


BYW this started long before the Ukrainian situation that government and media are going to try to blame it on .

[furrowtickler]

Be interesting to see a Canadian version the past 10 years

[shtferbrains]

Interesting graph when you think of who is / was in power in the US the past 4-5 years ...


BYW this started long before the Ukrainian situation that government and media are going to try to blame it on .

That is a great chart.

The green lines are energy and drop below the line when Trump encouraged FF exploration and fracking bring down the cost of living in a buoyant economy.
Rapidly moved to the negative side with build back better theme.

[errolanderson]

Global economies clearly recessionary. Triggering commodity price meltdown . . . now in-progress.

Gold to crude oil to copper to lumber, even veg oils. Global urea prices appear now in-decline. Clear peak in inflation (in my view). Housing is a sitting duck as so-called housing shortage turns into a surplus likely in 2nd half of 2022.

Fed may be double thinking their 3/4% rate hike chatter talked about for May . . . .

Gov't policy and economies now in-a-skid . . . .

[sumdumguy]

Bank of Canada warning of 200 basis point rise in interest rates this month. That’ll be a big Whammy.

[errolanderson]

Bank of Canada warning of 200 basis point rise in interest rates this month. That’ll be a big Whammy.

Central bank policy is quite lost right now . . . Out-of-step with markets and reality.

[fjlip]

WEF plan right on track ...RUIN the economies...Interest will nail coffin shut.

[Hamloc]

Central bank policy is quite lost right now . . . Out-of-step with markets and reality.

Henry Hub natural gas price is up to $8.33 USD today. Inflation is alive and well!