Mike McGlone|Feb 05, 2025 12:13
On Deflation's Edge? Commodities, Crude, Copper, Cryptos, China - A big difference in the current #stockmarket rally from the http://dot.com bubble is earnings, but a resemblance is extreme speculation in volatile #cryptocurrencies facing unchecked supply and competition. #Copper may be on a similar cliff's edge as #Ether. Our takeaway for #commodities and #cryptos is they must go up or else to avoid #deflation reciprocal to the #inflation.
The full report is on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/sr7iuat0afb4 {BI COMD}
#crudeoil #energy #metals #macroeconomics @BBGIntelligence
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