MBCC TH 14th May'24 - "Inflation, stagflation or disinflation or recession...what is it?"

Today US PPI data came out and showed once again, rising PRICES and slowing demand..Now the Fed may not raise rates, but each such data print makes it less likely for them to cut, which is indirectly hawkish. Remember everyone is LONG and waiting for a magical cut to take the market from aths to new all time highs as though debt/deficit and all is no concern at all..

We tell you what is really happening ni our models..and what our COMMODITY physical market models are picking up. China rally is it real or massive short squeeze about to roll over?