“Brexit” is a nickname derived from the words “Britain” and “exit” that refers to Britain potentially exiting the European Union. Should Britain exit the European Union? The question is straightforward with a “yes” or “no” answer, and whichever side gets more than fifty percent of the votes will be the…
“Volatility is one of those things that everyone feels but no one can touch.” – John Orford The quiet of May was short-lived as the market reacted to the US Federal Reserve switching its messaging from strong US GDP growth and improving economic conditions supporting a rate hike of an…
The dovish central bank tone continued in April with a few twists and a realization of a massive fiscal boost by the world’s second-largest economy. This in turn fueled a risk-on mentality particularly in commodities, which are generally perceived as the most (only?) under-valued asset class after losing about 1/3rd…
The grain markets have been screaming up the entire month of April. The move isn’t unprecedented, as grains have historically had many strong rallies, but this is the first time grain prices have rallied this much since the 2012 and 2013 growing seasons. On their April highs, soybeans were up…