Deflation Is Here For the first time in more than four years, inflation measured by the Consumer Price Index (CPI) declined from one month to another. So is America in its deflation era now? Maybe, but let’s not get ahead of ourselves. Deflation is essentially the opposite of inflation, meaning prices are falling rather than…Read more
Can You Take Us Higher? Creed is a band we don’t know much about, but their song “Higher” is one that even the most distant Creed listener likely knows. Creed is also a popular fragrance brand, we don’t believe there’s any connection, but please correct us if we are wrong. In any event, markets smell…Read more
Cobalt has become a literal hot commodity when electric vehicles arrived on the scene, as the precious metal is found in EV batteries. And even though prices recently dropped, some investors are signaling optimism. Bloomberg reports hedge funds have been buying physical cobalt (rather than financial contracts based on the metal). Why Cobalt? So what…Read more
