Commodities and energy prices show that the entire world is experiencing a true “supply squeeze” where the raw materials that power every nation’s economy are simply rising, regardless of what the Federal Reserve has done.
This is not good news for Donald Trump. It doesn’t derail his ambitions for fighting inflation, but it definitely does not help them either.
Links And Sources
Crude Oil Futures: https://tinyurl.com/3mp93r62
Gasoline Futures: https://tinyurl.com/525ps7pe
Weekly Retail and Gasoline Prices: https://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm
Gas Buddy Price Charts: https://www.gasbuddy.com/charts
Natural Gas Futures: https://tinyurl.com/mwp9thrs
Copper Futures: https://tradingeconomics.com/commodity/copper
Lithium Carbonate Futures: https://tradingeconomics.com/commodity/lithium
Zinc Futures: https://tradingeconomics.com/commodity/zinc
Iron Ore Futures: https://tradingeconomics.com/commodity/iron-ore
Steel Rebar Futures: https://tradingeconomics.com/commodity/steel
Corn Futures: https://tradingeconomics.com/commodity/corn
Barley Futures: https://tradingeconomics.com/commodity/barley
Wheat Futures: https://tradingeconomics.com/commodity/wheat
Soybean Futures: https://tradingeconomics.com/commodity/soybeans
Lumber Futures: https://tradingeconomics.com/commodity/lumber
Consumer Price Index — Headline and Core Inflation, 5 Year Trend: https://fred.stlouisfed.org/graph/?g=1DM8O
Consumer Price Index — Energy Price Inflation, 5 Year Trend: https://fred.stlouisfed.org/graph/?g=1DM46
Consumer Price Index — Food Price Inflation, 5 Year Trend: https://fred.stlouisfed.org/graph/?g=1DM4a
Consumer Price Index — Durable Goods Inflation, 5 Year Trend: https://fred.stlouisfed.org/graph/?g=1DLJt
Consumer Price Index — Non-Durable Goods Inflation, 5 Year Trend: https://fred.stlouisfed.org/graph/?g=1DLJ6
Consumer Price Index — Services Inflation, 5 Year Trend: https://fred.stlouisfed.org/graph/?g=1DLJi
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