This is the main reason commodities are rising. Phase 3 implies strong demand.
A recession has always been anticipated by Fed tightening. The increase in burlap, zinc, wheat, copper, or crude oil prices do not necessarily anticipate an economic slowdown unless inflation becomes a major issue.
More on the next issue of The Peter Dag Portfolio.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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