GSP News and Press, Barclays Bank PLC iPath Exchange Traded Notes due June 12 2036 Linked to GSCI Total Return Index From 04/14/21

As the global economy recovers, inflationary pressures are building, and price increases are moving downstream. Our Materials Price Index (MPI) has surged 40% since mid-November 2020, reaching its highest level since early 2014. World real GDP is projected to advance 5.1% in 2021 ...

The first quarter of 2021 brought what the Asset Allocation Committee expected, and as it looks to the next six to 12 months, it faces two questions. Do we think the economy will overheat, pushing bond yields to levels that unsettle equity markets or even force central banks to stifle...

The economic restart has lifted commodity prices. Beyond that, we see structural trends leading to a divergence of fortunes in different commodities. The International Monetary Fund has raised its global growth forecast to 6% in 2021. U.S. stocks hit record highs and yields traded bel...

As of early April, Bloomberg Commodity Index is up 33% over a year earlier. During that same time period, lumber has rallied 280%, with copper and corn rallying 100% and 80%, respectively. Inflation fears and a belief in post-pandemic economic recovery could be signaling the early day...

The PPI report last week didn't make a ripple in the markets, but the commentariat was all aTwitter about inflation and economic overheating and whether Powell might raise in rates in 2 years or 3. The market was not impressed. The 10-year Treasury yield moved all of about 1 basis poi...

The buyers are mostly high creditworthy wealthy people. There hasn't been a big building boom. In fact, supply is tight. Passive investors would rather let corporations be corporations and take whatever return they generate along the way. A lot of the current narratives about infl...

Commodity indexes are rallying as government stimulus and low interest rates fuel inflation expectations. Commodities can help investors hedge against inflation and diversify portfolios. Commodity exchange traded products (ETPs) offer convenient and affordable access to broad bask...

The Fed continues to expand its balance sheet, the federal government continues to send out Covid relief checks, and the Fed continues to effectively monetize most if not all of this monetary "stimulus." The public has been hoarding money like never before, likely as a response to all...

March has been a very challenging month for precious metal investors. As nominal interest rates have risen, the sharply negative inflation-adjusted or "real" interest rates that drove COMEX gold to new all-time highs in 2020 have evaporated. Over the course of March, copper and cr...

Global growth looks set to rebound even more strongly in 2021 than we had anticipated in our January Cyclical Outlook. Over the next several months, a combination of base effects, recent increases in energy prices, and price adjustments in sectors where activity ramps up is likely to ...