Brave New World: Commodity prices at 20-year low & when it's in plenty, someone is in poverty

Ritesh Jain, a Dalal Street veteran, trend watcher and Global Macro Investor, captures global macro investment opportunities and economic, business and financial trends with charts and commentaries in this space.

Online installment loans are new Payday loans


>> Whereas payday loans targeted poor Americans, online loans target working class Americans

Poverty amidst Plenty

>> Dogged by lower prices and tepid demand, US wheat farmers are poised to plant the fewest acres of winter varieties in 110 years.

>> The news is always the worst at bottom.

Price Discovery is Broken

>> ATS transactions steadily increased across markets

Canada's economy - Speed bumps ahead

While the argument can be made that yield curve isn't the same force to signal recession, slowdown in Ontario (lower fiscal spending, slowdown in global manufacturing, slowdown across the border) can take a hit on highflying $cad economy.