If you implying that commodity indices imply inflationary pressures, I beg to differ:A quick look at any number of commodity indexes will show what this has caused.
If you are implying that an index value from years ago compared to today's value has anything to do with the current trend i.e. not looooong term basis .... I beg to differ.If you implying that commodity indices imply inflationary pressures, I beg to differ:
GSCI Mar 2008: 8207
GSCI Mar 2009: 3507
GSCI Mar 2019: 2538
What current trend? GSCI is down from Oct, down from the recent peak in 2014.If you are implying that an index value from years ago compared to today's value has anything to do with the current trend i.e. not looooong term basis .... I beg to differ.
Guess not.What current trend? GSCI is down from Oct, down from the recent peak in 2014.
Are we living in the same universe?
Well, how much was it down from October?Up 20% is fairly substantial in my book at least.