Its never been the same since the ‘Derecho‘, August 2020
The corporate finance writers, i.e., ‘Les Bourgeois’, will jump on the inflation bandwagon and continue to say it’s because of the dollar.
Well, let’s see what happens next.
The dollar’s in position to mount a sustained, if not sharp (and completely unexpected) rally.
What a great opportunity for a ‘proof’. That’s engineering speak for a chance to show something (absolutely) to be true or false.
There’s of course, no guarantee the dollar rally will happen.
If it does, we’ll keep an eye on the corn market and see if it declines in relation to the dollar.
If the price rise is really the result of inflation, a dollar rally ‘should’ cause corn to decline.
Stay Tuned
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The Danger Point® 