Opening Statement from the February 2017 CCPM Forecaster

 Opening Statement from the February 2017 CCPM Forecaster 

Originally published on February 6, 2017 (pre-market release) 

In the January issue we stated that investor expectations for inflation and a faster pace of interest rate hikes due to “Trumpenomics” would be insufficient to spur a sustainable rally in commodities. After numerous months of disinflation, inflation is now trending up, albeit modestly.

Although global demand is likely to