JJS News and Press, iPathA Series B Bloomberg Softs Subindex Total Return ETN From 11/18/21

Inflation is currently a hot topic on Wall Street and in Washington. For many, it’s a much more immediate issue than other major issues, like the impact of climate change. The U.S. Consumer Price Index showed a 6.2% gain in October from the previous year, its fastest increase s...

Today, consensus inflation expectations remain high even though most commodity prices have dropped significantly over the past six months. Commodities are infamous for boom-bust cycles because high prices simultaneously encourage supply while curtailing demand. 12-month change in ...

Higher energy prices also supported the argument that inflation is more permanent than transitory and helped to draw global macro investors into the agricultural markets. Weather watchers are paying close attention to the harvests in Argentina and Australia and to winter wheat plantin...

Commodities are up sharply this year, but several short-term indicators flash caution. The medium-longer term bull case remains compelling. The chart of commodities ex-gold versus gold offers clues to near-term price action - suggesting a possible pause or correction. For fu...

Commodities are on the move again, with lumber, copper, aluminum, crude oil and natural gas making significant gains from their pre-pandemic levels. Supply disruptions and a push toward sustainability may be driving the commodity boom, even as fiscal stimulus and low rate policies als...

The major US equity indices moved in concert, but the big disappointment so far this year has been small caps. Energy is clearly where the action is this year. After spending years at the bottom of the tables, Natural Gas, Gasoline, and Crude Oil now lead the pack. For furth...

While the stock market (as defined by the cap-weighted S&P 500 index) is up, almost 70% of stocks are currently in an intermediate-term downtrend, all while new lows start to show up underneath the surface. More evidence is appearing that suggests inflation is becoming a problem, ...

Consensus remains cautiously positive on the economic and market outlook for the coming year, but for the first time in 18 months, we have started trimming risk in our views, advocating building dry powder to take advantage of opportunities that arise due to potential short-term market vo...

We noted in our quarterly letter that every brokerage house on the Street was bearish and telling its customers to expect stocks to move into a correction. We also reminded you that one of Reilly’s Rules is that when everyone expects something to happen something else usually does....

Risk appetite lifts from one-year low amid expectations of improving near-term market. Sentiment remains subdued by uncertain policy outlooks and political climate. Financials see the strongest favor followed by energy stocks. Tech sees the biggest outlook downgrade. The broad...