Global Economic Review: September 2021

COVID-19   Delta Variant Impact definitively began slowing in the US (see graph right), but cannot say that it happened fast enough. Looking at a graph from the same source (worldometeres.info) for Japan, its peak at roughly the same time was just under 23,000 (20% of the US peak) and…

Read More

September 2021 Global Commodity Snapshot

OPEC+ Considered Raising Production in response to the spike in oil prices but decided not to – they have budget deficits to cover! Instead the cartel will stick to increasing production by 400,000 barrels per day, reaching 2 million barrels per day (mbpd) at the end of 2021.  Then in…

Read More

September 2021 Sector and Index Performance

During the month of September, the top 3 performing sectors were: energies (+10.32%), softs (+7.73%), and grains (+1.87%). The bottom 3 sectors were: metals (-9.25%), financials (-5.10%) and currencies (-1.66%). The notoriously red September brought financials its first negative month in seven months. Since 1950, the Dow Jones Industrial Average…

Read More

Global Economic Review: August 2021

COVID-19   Operation Warp Speed and the continued efforts under the new administration pushed US vaccine distribution incrementally higher to 62% of the total population given at least one dose with the EU similar at 65% with China claiming 74% and India 38% (which is a big leap higher). With…

Read More