Saturday, October 30, 2021

Weekly Indicators for October 25 - 29 at Seeking Alpha


 - by New Deal democrat

My Weekly Indicators post is up at Seeking Alpha.

There are increasing signs that commodity prices are peaking, the latest candidate - but it may just be noise! - is the price of oil.

And if commodity prices are peaking, that gives us some important information that the supply chain bottleneck may be beginning to ease even if just slightly for now.

As usual, clicking over and reading will bring you nearly up to the moment on economic conditions, and will bring me my weekly grocery shopping money.