commodityinflation
In hisDaily Market Notes report to investors, while commenting on commodity inflation, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more The biggest news this week is that the bond vigilantes now believe that the Fed will curtail their quantitative easing sooner than later in the wake of the stronger than expected July payroll report, plus positive revisions to the May & June payroll reports. The 10-year Treasury bond has now surged over 20 basis points from its lows in the previous week and is now above 1.3%. On Wednesday, the bid-to-cover ratio at the 10-year Treasury b...
ValueWalk
In hisDaily Market Notes report to investors, while commenting on the Biden administration feeling the inflation heat, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more Biden Administration Feeling The Inflation HeatThe Biden Administration is clearly now feeling the inflation heat. This was evident in National Security Advisor Jake Sullivan indicating that OPEC should increase production. There is a greater likelihood OPEC will not increase production than it will. Saudi Arabia is still smarting from the canceled arms sale and soon to be released 9/11 information. The up...
ValueWalk
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