Aussie retail recession deepens as households buckle
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Australia’s world-record decline in household disposable income continues
to drag down retail sales. The Australian Bureau of Statistics (ABS)
reported t...
2021-10-29
The 1970s: Coffee and Sugar
I expect a pullback given my overall bearish interpretation of near-term macroeconomic forces. Longer-term, coffee has a nice base that will beget a double or tripling of its price. Sugar is not nearly as bullish as coffee here, but starting from a lower price, it would be a quadrupling or sextupling if it followed (or led) coffeee in a bullish/inflationary scenario.
Labels:
agriculture,
Charts,
coffee,
sugar
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