Not my usual notes this week as really busy and with two short weeks makes things a bit difficult. But….I just had to include this one chart for everyone to think about. At the moment there is a lot of speculation on rates and inflation. This is the ETF covering the price of wheat WEAT – weekly semi-log scale. Look at that downtrend and it looks like it is about to be broken. And people think inflation will go lower if the price of wheat is going to move up.
