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…

COVID-19   Delta Variant Impact definitively began slowing in the US (see graph right), but cannot say that it happened fast enough. Looking at a graph from the same source (worldometeres.info) for Japan, its peak at roughly the same time was just under 23,000 (20% of the US peak) and…

OPEC+ Considered Raising Production in response to the spike in 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) at the end of 2021.  Then in…

During the month of September, the top 3 performing sectors were: energies (+10.32%), softs (+7.73%), and grains (+1.87%). The bottom 3 sectors were: metals (-9.25%), financials (-5.10%) and currencies (-1.66%). The notoriously red September brought financials its first negative month in seven months. Since 1950, the Dow Jones Industrial Average…