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Jim Wyckoff

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Coffee futures perk up

February 24, 2021 by Jim Wyckoff

The “reflation trade,” whereby notions that inflationary price pressures will rise and thus support upside price action in raw commodity futures markets, is gaining in popularity recently. Such is evidenced by the rally in coffee futures this week that hit a 13-month high. Many other raw commodity futures markets are in rally modes as the world economies are set to come out of the pandemic in strong fashion. Stay tuned!– Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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