There comes a moment in every long, grinding bear market when the selling exhausts itself and nobody cares anymore. The last marginal seller has finally thrown in the towel.
And when an entire corner of the commodity market gets left for dead,...
Most natural resource stocks, even the bellwethers of Metals or Energy, for example, can’t scale to $3 Trillion in market cap. They’re simply not built like the juggernauts of tech or communications.
“These are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country…”— Thomas Paine, 1776
It’s one of my favorite lines in all of literature — and one of...
Most natural resource stocks, even the bellwethers of Metals or Energy, for example, can’t scale to $3 Trillion in market cap. They’re not those types of companies - they’re just not built like the...
After the biggest cattle boom in 50 years, grains and feed are finally fighting back.
Agriculture has been a tale of two markets recently.
On the one hand, grains - the backbone of the post-pandemic commodity boom - have been in a deep bear market since 2022, giving back much of their post-COVID gains.
We haven’t spent much time talking about soft commodities lately. That’s because the big trends in recent months have been elsewhere in areas like metals, where the momentum has been cleaner and the trends more persistent.
In most parts of life, the rule is simple — follow the leader.But in the bond market, the game’s a little different. Here, it’s more like carry the follower.
That’s exactly what we’re seeing play out right now between short term and...
Most natural resource stocks, even the bellwethers of Metals or Energy, for example, can’t scale to $3 Trillion in market cap. They’re not those types of companies - they’re just not built like the...
