DJP News and Press, iPath Bloomberg Commodity Index Total Return ETN From 05/09/22

The U.S. dollar index is rising again Monday, closing in on 104 and at its highest point in nearly 20 years. The greenback (USDOLLAR) has "soared this year as a ‘safer haven’ and as Fed hikes interest rates," eToro strategist Ben Laidler wrote. "The hawkish Fed and risk aversion...

The US Dollar Index notched a very strong April amid turmoil in Europe and Asia. Traditional asset class relationships have bucked trends in 2022. Any pullback in commodities is likely a buying opportunity as the year progresses. For further details see: U.S. Dollar Vs. ...

The map of the Asset Allocation Committee’s market views is a buzz of activity this quarter. Coming into 2022, we anticipated slower growth compared with the steep recovery levels of 2021 and inflation that was declining but persistent—and problematic due to its origins ...

The expected risk premium continued sliding in April for the Global Markets Index (GMI). Tuesday’s revision reflects a drop to a 5.4% annualized increase for the long term – a relatively large cut of 40 basis points from last month’s estimate. The forecast ref...

During the last Fed rate raising cycle, it took the Federal Reserve five years to raise the fed funds rate to 2.50%. The Fed kept rates far too low for far too long and now we are dealing with the consequences. Both fiscal and monetary policy have been highly inflationary, and we are ...

Barclays (NYSE:BCS) announced that it has halted further sales of 30 iPath ETNs. The move comes as the company plans a restatement of financial details, triggering a regulatory requirement that it stop selling the investment vehicles. The suspension went into effect at the open of trading on ...

Global central banks continue to warn that COVID, and other issues, persist. Traders seek some clarity and understanding of what’s going to happen next. In our opinion, the extended demands relating to the superheated reflation of the post-COVID economy set off an explosive inf...

Prior to last week's nasty sell-off, commodity stocks have been monster winners in 2022. Anecdotally, I am reading too many bullish commodity articles, perhaps a sign of a top. The elephant in the room is the war in Ukraine, which arguably caused the big blow-off top. Absent this horr...

Only one major asset was up last week: REITs. There were some negative developments that might explain the selling. With the drop in commodities and fears about the impact of the China slowdown, the immediate effect should be for inflation and growth expectations to moderate. We didn&...

The invasion of Ukraine is an inflationary shock to an already inflationary system. The International Energy Agency has warned that the impact on oil supply will peak only from May onwards. Since the war broke out, core government bonds have suffered sustained price declines unsee...