5x Dow & Founders Award Winner. Risk-On/Off $RORO ETF, Junk-On/Off $JOJO ETF, & $ATACX Mutual Fund Portfolio Manager. Publisher Of The Lead-Lag Report.
"You want to cause a depression next week? Push interest rates to 500%. You want to cause a tremendous move? Lower interest rates to -25% which means we'll give you 25% if you borrow from us. But that will be at the expense of inflation." Clip 10
While a lot of countries are grappling with inflation, most Asian countries are not. Partly this is due to Covid and also the culling of 200m pigs due to an outbreak of swine flu in 2018-21 that increased prices dramatically but is now having a deflation effect #economy #money
Cotton futures have hit a near 6-month low as top consumer China is still stricken by lockdowns and there is lower demand from Mexico and Bangladesh, two key customers and manufacturers of clothes #clothing #commodities
Soooooo...I guess now we know why Bill Gates has been buying up farmland.