
Mike McGlone|Mar 04, 2025 12:22
Crude 60, Gold 3,000, Copper 4 Paths vs. the US Stock Market - Falling #crudeoil, #Bitcoin and Treasury #bond yields in 1Q might suggest #deflation, especially as the S&P 500 eyes an overdue date with its 200-day moving average. Inklings of peaks in crude, #naturalgas, #copper and #corn should gain momentum on the back of Bloomberg Economics' weakening US economic outlook.
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sslj4bt1um0w {BI COMD}
#commodities @BBGIntelligence
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