INFLATION INCOMING - Real world implications (Oranges)
Orange Juice is a clean way to define a couple of key things:
-- Weather forecasts
-- Inflation
-- Supply shocks
-- Global trade
Recently, I've taken note that OJ futures have skyrocketed more than 200% in the last 3 years. I was so surprised in fact, I had to look at it versus other commodities, which have seen a mild bounce (Wheat, Oats). And bigger spikes (Pork, Chicken) during the supply shocks of the pandemic.
But OJ keeps bucking the trend! Is this the REAL effect of inflation?
-- Weather forecasts
-- Inflation
-- Supply shocks
-- Global trade
Recently, I've taken note that OJ futures have skyrocketed more than 200% in the last 3 years. I was so surprised in fact, I had to look at it versus other commodities, which have seen a mild bounce (Wheat, Oats). And bigger spikes (Pork, Chicken) during the supply shocks of the pandemic.
But OJ keeps bucking the trend! Is this the REAL effect of inflation?
Pierce Crosby
GM, Americas @ TradingView
GM, Americas @ TradingView
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pierce Crosby
GM, Americas @ TradingView
GM, Americas @ TradingView
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.