The CRB index is in a minor disconnect from inflation expectations (RINF) It’s a disconnect on the short-term, at least. If/as the reflation continues CRB could have some catching up to do. CRB has been a near perfect side car to the inflation expectations (IE) cycle until recently. Crude oil’s volatility of late has contributed to the ruptured connection, along with base metals getting roughed … Continue reading Commodities and Inflation Expectations