#MikeMcGlone, Senior Commodity Strategist, #BloombergIntelligence: Anticipating Medicine That May Not Come-->>Projected Fed Easing, Likely Tilts Toward Recession: Most Commodities Falling Vs. Gold Rising Is Trajectory For Global Economic Contraction

"Anticipating Medicine That May Not Come -

That futures on Dec. 6 projected about 115 bps of Fed easing by the end of 2024, likely isn't due to rising demand-pull forces that typically buoy commodities. It's the tilt toward recession, and most commodities falling vs. gold rising is a trajectory for global economic contraction. What if markets don't get the aggressive central bank stimulus to which they've grown accustomed?"

The full report is on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/s5amuddwrgg0 {BI COMD}

Bloomberg Intelligence

#federalreserve #commodities #stockmarket #macroeconomic

#MikeMcGlone, Senior Commodity Strategist, #BloombergIntelligence: Anticipating Medicine That May Not Come-->>Projected Fed Easing, Likely Tilts Toward Recession: Most Commodities Falling Vs. Gold Rising Is Trajectory For Global Economic Contraction

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