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Title: Global Stocks Flirt With Record Losing-Run As Commodities Prosper
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URL Source: https://www.zerohedge.com/markets/s ... losing-run-commodities-prosper
Published: May 20, 2022
Author: Tyler Durden
Post Date: 2022-05-20 20:17:13 by Horse
Keywords: None
Views: 131
Comments: 1
By Jake Lloyd-Smith, Bloomberg markets live commentator and analyst Stocks’ performance has been so abysmal of late that the complex risks an unwelcome record just as commodities keep motoring. The MSCI ACWI Index is on course for a record run of weekly losses. Raw materials? They’re up again.(The MSCI All Country World Index (ACWI) is a stock index designed to provide a broad measure of global equity market performance.) The theme -- that commodities are in a period of outperformance -- has been around for a while. Last year, the stock gauge did great, up 17%; but the Bloomberg Commodity Spot Index did lots better, 27% higher. In 2022, the contrast is much more consequential, with stocks swooning while commodities have rallied to a record. The underpinnings are equities suffer as inflation spikes, the Fed wakes up, and fears of a recession gather force, while raw materials have prospered from war-induced stresses, low stockpiles, weather shocks, and their appeal as a hedge. Some stock commentators are sticking to their guns, at least in terms of the US market. Still, it’s far from certain the Powell Fed has a handle on this inflation goblin just yet, with them seen behind the curve. At the same time, commodities remain well-placed, from wheat and gasoline to aluminum and copper. 
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#1. To: All (#0)
As I have said before, Foreigners will pull out of US stocks and bonds and buy commodities. This will continue until we get to Hyperinflation. Shadow Stats says we are at 17% inflation already.
The Truth of 911 Shall Set You Free From The Lie
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