taylorsan

Coffee has been the inflation laggard

Long
MIL:COFF   WISDOMTREE COFFEE
While the debate between inflation vs deflation continues, I'd prefer to focus on the data and the price action, We've seen a lot of inflation in the data, which has been reflected across the commodity complex. The 2 laggards have been Coffee and Natural Gas .

Now this may well roll over as growth slows in Q3 (mathematically it has to)..but given another CTRL - Alt - Print from the Fed let's see the impact on $USD and if we get continuation in upward trending commodities .

Personally I'm in the 'inflation is stickier than the central banks may think' camp....for now.




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