CRB Index

CRB Index: The CRB index is outright deflationary - breaking trendlines and making lower tops. The silent crash in commodities should be a no brainer on the underlying world economy. Things are still slowing and we have a crisis in overcapacity. Everyone betting on capex and expansion will be surprised at how soon we go from a possible demand exhaustion to a supply glut.

crb 070819

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