The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of Commodity Strategy
Summary: This week saw the Bloomberg Commodity Index trade higher for the first time in four weeks, with the gains led by agricultural commodities. Crude oil, meanwhile, remains caught between tensions in the Middle East and rising US inventories.