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4min chapter
Night School, Class 5: How to read the markets
Behind the Money
The Importance of Commodities in the Real Economy
Commodities are the real economy. The price of oil effectively determines how much it costs you to drive your car. It tells you what's going on with industrial growth, because there's just so much copper that's needed in construction and in manufacturing. Foreign exchange is clearly the most important currency - but watch out for emerging markets as they struggle to pay back their borrowings. And when it comes to financial markets, we have to touch on crypto.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode