Inflation, not being transitory, price and wage inflation will be the big impetus for rates to rise, and the Fed tapering this year will facilitate that, says Ed Egilinsky of Direxion. He discusses the impact of Hurricane Ida on the energy sector. He believes there will be a glut of corn and soybeans in the U.S. market that can't get transported causing pressure on grain pries. He also sees sugar prices potentially going higher. He gives his thoughts on crude (/CL) and natural gas (/NG).
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09 Sep 2021
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