August 5, 2019
The US Fed cut interest rates by 25 basis points on July 31, and markets across all asset classes are screaming that the central bank did not go far enough. While gold is flashing a warning signal, the prices of industrial and agricultural commodities fell as the dollar rose and the Trump administration slapped more tariffs on China. In my latest article for Seeking Alpha, I highlight how the Fed move was insufficient in the light of the escalation of the trade dispute and commodities prices are signaling deflation rather than inflation aside from gold.
Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities