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MacroVoices #295 David Hay: The Case for Greenflation

Macro Voices

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Commodity Markets - Is the Ureau Really Putting in a Bottom and Changing Trend?

Urea, crude oil and copper are all showing signs of consolidation. The dollar has been divergent from a lot of the natural intermarket correlations that we're seeing in commodities and other assets. If the ureau turns here, it would actually start to bring the entire inter markets in line. It will be really interesting to see whether coppers is actually turns here in price - if this becomes a by point.

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