Each week our team answers the most pressing questions that are on the minds of investors. Tune in to hear from our Global Market Strategists as they take on these topics and discuss their investment implications.
Episodes
Thursday Apr 22, 2021
Thursday Apr 22, 2021
Recent U.S. inflation data showed that energy prices rose a substantial 5% for the month of March. Some of this improvement was clearly driven by base effects, with the early days of the pandemic putting substantial downward pressure on energy prices, making the comparisons very easy; but a good deal is also attributable to true changes in underlying supply and demand. At the same time, lumber prices have hit all-time highs and copper prices are near peaks last reached a decade ago. This upward price pressure for a number of different commodities may have investors wondering: are we in a commodity super-cycle?