Tag Archives: tariffs

Gearing up for auto tariffs? Revenue exposure might be useful

May was categorized by the return of macro fears.  Many equities indices and fixed income indicators flashed red – and the S&P 500’s four month win streak ended – as investors grappled with trade tensions and the potential impact on global growth.  Adding to investors’ uncertainty, President Trump’s surprise month-end announcement of tariffs on Mexican Read more […]

Commodities Performance Highlights – May 2019

There was a notable reversal of fortunes across the commodities complex in May. The S&P GSCI was down 8.2% for the month but remained up 8.5% YTD. The Dow Jones Commodity Index (DJCI) was down 3.6% in May and up 3.7% YTD, reflecting its lower energy weighting. A sharp correction in petroleum prices combined with Read more […]

This Little Piggy Isn’t Going to Market

Even eagle-eyed commodities investors might be surprised to learn that lean hogs have been one of the best-performing individual commodities so far in 2019. As of April 5, 2019, the S&P GSCI Lean Hogs was up an impressive 19.5% since the beginning of the year, outperforming the broad S&P GSCI (up 18.4%), and up 46% Read more […]

Every Country’s Stock Market Loses From Trade Tensions

The International Monetary Fund (IMF) recently released its World Economic Outlook, October 2018, with estimated global trade tension scenario impacts on GDP.  Overall, the IMF states that recent tariffs will hurt GDP and that additional tariffs will weaken it further.  In the long term, according to the IMF’s scenario analysis (on p. 21,) the U.S. GDP Read more […]