Fintech pioneer, began programming on Wall Street in 1987. Heavy coder,early adopter,make art & trading models, sell market research. Fintech Lecturer in London.
http://coker.me
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Commodities are inputs into products. Commodity prices reflect both demand and economic activity. GTX, The S&P Goldman Sachs commodity index, tracks prices for 24 different commodities in five sectors: energy, industrial metals, agricultural products, livestock products & precious metals. From mid 2014 we saw commodity prices drop; this is not indicative of balanced economic activity. From its pandemic low, GTX has rebounded 88%, but recently commodity prices seem to have peaked and fallen. US Q2 GDP failed to meet, let alone exceed, forecasts.
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