finance

Based on the price of agricultural commodities, we are likely going to see a second wave of inflation. That’s everything that JPow doesn’t want

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

a lot of this is fear over baltimore, but that disruption is likely overstated

https://www.fb.org/market-intel/what-will-the-collapse-of-baltimores-key-bridge-mean-for-agriculture
https://www.forbes.com/sites/kevinomarah/2024/03/27/overhyping-the-baltimore-bridge-collapse-impact-on-supply-chains/

realized this is all DBA data, with 25% of holdings in cocoa lol. cocoa px is high right now due to years of bad harvests. other crop prices are actually down

https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=investor&ticker=DBA
https://tinyurl.com/reuterscocoa
https://tinyurl.com/agpxlow

3 cuts is what the market wants, data be damned. Jpow does not want to disappoint his market masters