SEPTEMBER 16, 2022 When I was younger and far more naïve than I am today, by which I mean last week, I was under the erroneous understanding that the letters CPI stood for Consumer Price Index. After witnessing how events have unfolded this week, I now realize they are actually…
Market Commentary
Daily Comments
Without a doubt, the headline story this morning is the report that railroads and their employees have reached a tentative agreement. While this still needs to be ratified by the rank-and-file members, you could hear the massive sigh of relief that was let out from Washington all the way across…
Daily Comments
Not unexpectedly, grain and soy markets swooned a bit yesterday, taking a respite after Monday’s USDA-inspired enthusiasm. The question now would seem to be, was this typical turnaround-Tuesday type action allowing bulls to catch their collective breath, or will Monday join the ranks of one-hit-wonders, such as Play that Funky…