Friday, September 22, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Commodities

Market is signaling commodity inflation is ‘pretty much over

MtR by MtR
June 17, 2021
in Commodities
0
Market is signaling commodity inflation is ‘pretty much over


CNBC’s Jim Cramer said Thursday that markets appear to be growing less worried about raging price increases in a range of commodities, from metals to lumber.

“I’ve got good news for you: The stock market, which is pretty correct on these matters, is saying that commodity inflation has already peaked,” the “Mad Money” host said. “Forget transitory, the market’s saying it’s pretty much over.”

Cramer pointed to the widespread declines in a number of stocks tied to commodities, such as Freeport-McMoRan. Shares of the copper miner tumbled more than 5% Thursday and are down about 20% in the past month.

“Sure, the market could be wrong, but if you were worried about totally out-of-control inflation, that possibility has been taken off the table,” Cramer said. “You’re looking at a sudden collapse in every stock related to commodities at the same time that long-term interest rates are crashing — that wouldn’t happen in a world with wild and crazy inflation.”

The Dow Jones Industrial Average fell once again Thursday following the Federal Reserve’s policy meeting and the release of its updated interest rate forecast. In the S&P 500, four cyclical sectors — industrials, materials, financials and energy — finished in the red Thursday, while technology was the biggest gainer.

“The buyers and sellers have spoken. They think [Fed Chairman] Jay Powell means business, but not any time soon, and the hyper-inflation theme … is now off the table, where it should’ve been all along,” Cramer added.



Source link

Related articles

VPP legislator demands action against price rise of essential commodities

VPP legislator demands action against price rise of essential commodities

September 22, 2023
Multi Commodity Exchange Of India Faces Bearish Trading Day

Multi Commodity Exchange Of India Faces Bearish Trading Day

September 22, 2023

Related Posts

VPP legislator demands action against price rise of essential commodities

VPP legislator demands action against price rise of essential commodities

by MtR
September 22, 2023
0

SHILLONG: Opposition Voice of the People Party (VPP) legislator from Nongkrem Ardent Miller Basaiawmoit, on September 22, called for action...

Multi Commodity Exchange Of India Faces Bearish Trading Day

Multi Commodity Exchange Of India Faces Bearish Trading Day

by MtR
September 22, 2023
0

22 Sep 2023, 08:35:22 AM ISTMulti Commodity Exchange Of Ind share price Live :Multi Commodity Exchange Of Ind closed at...

Russia mulls extra tax for some commodities exports, including metals – sources

Russia mulls extra tax for some commodities exports, including metals – sources

by MtR
September 22, 2023
0

Russia is considering imposing an additional tax tied to the rouble-dollar rate on exports of metals, fertilisers and some other...

Oil is going to trade above $100 a barrel, says veteran commodity trader Mark Fisher

Oil is going to trade above $100 a barrel, says veteran commodity trader Mark Fisher

by MtR
September 21, 2023
0

Last Updated: Sept. 21, 2023 at 2:23 p.m. ET First Published: Sept. 21, 2023 at 2:08 p.m. ET Crude-oil prices...

Multi Commodity Exchange Of Ind closed today at ₹1761.15, up 2.42% from yesterday’s ₹1719.5

Multi Commodity Exchange Of Ind closed today at ₹1761.15, up 2.42% from yesterday’s ₹1719.5

by MtR
September 21, 2023
0

The Multi Commodity Exchange of India (MCX) stock price is currently at ₹1759.45. There has been a percent change of...

Load More
  • Trending
  • Comments
  • Latest
Bank of England tells ministers to intervene on digital currency ‘programming’

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021
Tips for checking smoke alarms during daylight saving time

Tips for checking smoke alarms during daylight saving time

March 12, 2022
GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
What will Durham County education bonds pay for? A full list

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0
3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio – September 22, 2023

3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio – September 22, 2023

September 22, 2023
First Ethereum futures ETF expecting approval by October 2

First Ethereum futures ETF expecting approval by October 2

September 22, 2023
VPP legislator demands action against price rise of essential commodities

VPP legislator demands action against price rise of essential commodities

September 22, 2023
Swedish currency to strengthen in long run, Riksbank chief says

Swedish currency to strengthen in long run, Riksbank chief says

September 22, 2023

Recent News

3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio – September 22, 2023

3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio – September 22, 2023

September 22, 2023
First Ethereum futures ETF expecting approval by October 2

First Ethereum futures ETF expecting approval by October 2

September 22, 2023
VPP legislator demands action against price rise of essential commodities

VPP legislator demands action against price rise of essential commodities

September 22, 2023

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter