During the month of November, the top 3 performing sectors were: softs (+5.98%), livestock (+2.80%), and interest rates (+0.63%). The bottom 3 sectors were: energies (-14.71%), metals (-5.79%) and currencies (-1.67%). The month of November started quietly as we entered the holiday season, but volatility quickly hit all the markets…

OPEC+ Again Considered Raising Production in response to higher oil prices but decided not to – they have budget deficits to cover! Instead the cartel will stick to increasing production by 400,000 barrels per day, reaching 2 million barrels per day (mbpd) by the end of 2021.  Then in May…

COVID-19   US Case Count continued slowing, reaching less than half the level of the late summer peak. While that may be welcome, Japan recently reported only 300-ish new cases (basically zero on a per capita basis), while India posted about 20% of the US new case count (13k vs…

During the month of October, the top 3 performing sectors were: indices (+6.90%), metals (+5.63%), and grains (+5.55%). The bottom 3 sectors were: livestock (-3.20%), softs (-1.29%) and interest rates (-0.27%). The stock market continues its march higher earning nearly 7% in the month of October. The livestock sector, specifically…