Andy Hecht

The raw material markets declined in Q4. The commodity asset class consisting of 29 primary commodities traded on U.S. and U.K. exchanges moved 3.91% lower in Q4 2023. At the end of 2023, the… more

Gold is a hybrid, part commodity, and part financial asset. The precious yellow metal has industrial applications but has been a means of exchange for thousands of years.

London is the hub… more

Markets reflect the economic and geopolitical landscapes. In October 2023, elevated inflationary pressures and hawkish central bank monetary policies sent the short-term Fed Funds Rate from zero… more

The raw material markets edged higher in Q3. The commodity asset class consisting of 29 primary commodities traded on U.S. and U.K. exchanges moved 1.91% higher in Q3 2023. Over the first nine… more

Stocks compete with bonds for capital flows, and rising rates tend to weigh on the stock market. Meanwhile, high interest rates increase the cost of carrying commodity inventories, which tends to… more

The nearby NYMEX crude oil futures price reached a fourteen-year high in March 2022 after Russia invaded Ukraine. After running out of upside steam at $130.50 per barrel, the continuous contract… more

A composite of the 29 primary commodity markets traded on the U.S. and U.K. exchanges edged only 0.21% higher in Q2, thanks to gains in animal proteins and soft commodities. Over the first six… more

While the U.S. energy policy embraces alternative and renewable fuels and inhibits hydrocarbons, crude oil remains the energy commodity that powers the world. In 2022, the war in Ukraine and U.S.… more

ICE cocoa futures rally to a seven-year high, ending the trend of lower highs The rally to a multi-year high during the latest contract roll period Tight supplies, rising production costs, and… more

The stock and bond markets posted gains in Q1 2023 after significant losses in 2022. The cryptocurrency asset class, led by Bitcoin and Ethereum, were the upside leaders after plunging from… more