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Commodities Boom Sends Aussie Dollar AUD, Stocks Correlation to...

  1. MGT4eva
    1,130 Posts.
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    11/04/22
    09:30
    Post #: 60775114
    Commodities Boom Sends Aussie Dollar AUD, Stocks Correlation to Decade High - Bloomberg

    • Investors see commodities as an inflation hedge
    • .JPMorgan: Higher money allocations to the commodities asset class “would imply another 30% to 40% upside for commodities from here.
    • So far this year, commodities have rallied amid supply constraints, exacerbated by the Russian war in Ukraine.

    The timing of MGT DFS could be perfect for us to ride this wave. Just saying

    https://hotcopper.com.au/data/attachments/4253/4253901-3b88516aa228b8a6be8a94eea2fc9a7b.jpg
    MGT Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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