GS Commodity Index indicating higher prices
The Goldman Sachs Commodity Index appears to have broken its recent down-trend, and may be poised to move higher. As oil is a large component of this index, it suggests that oil is also likely to continue higher.
If higher commodity prices are in our future, rising inflation could become a topic that impacts US stocks (positively), bonds (negatively), and currency (positively).
If higher commodity prices are in our future, rising inflation could become a topic that impacts US stocks (positively), bonds (negatively), and currency (positively).
