A.M. Look 5/8/24

Decision day for lots of instruments.

Yen has been an excellent tell for risk over the past couple of weeks.

Copper has to hold its averages to maintain.

Indices, as stated yesterday, are in need of a break.

Decision time for Kansa City Wheat going into Friday’s WASDE report.

https://open.substack.com/pub/doomberg/p/broken-record-81d?r=ti6z4&utm_campaign=post&utm_medium=email

Interesting Doomberg article. My question, would U.S. producers comply?

On its face the premise that U.S. producers would willing produce so much energy that they lose money on drilling is hard to fathom.

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