MBCC TH 17th Oct'24 - "And Powell is kicking himself in the head...data u-turned after Hurricane Helene...now what?"

So the market priced in 100 bps of cuts this year and 150bp next year, slowly that is changing…as #powell got too panicked and cut in October….but as we know they follow the Bond market, if they really are “data dependant”, this is what they should do in November, and this is what it means for your asset allocation…

MBCC has been on a roadshow this week for its US/SEC listed fund, closing round Jan’25. Anyone interested in investing, please contact info@mbcommoditiescapital.com. As we run real risk/capital and manage ideas listed below accordingly. Equities can remain flat for the next year, stock and sector allocation will be key. Commodities will be the only place to invest into next year, but it is not going to be like the old playbook! Cheap can stay cheap, but only some will benefit more than others.