Summary
[Bank of America: Commodity prices will see biggest gain in 107 years this year]March 26, Bank of America wrote on Friday that commodity prices are on track for their biggest gain in more than a century, while fixed-income assets have seen their biggest gains since the global The longest round of outflows since the financial crisis, as the situation in Russia and Ukraine exacerbated inflationary pressures from the global economy emerging from the new crown blockade. (Interface News)
Reported on March 26,Bank of AmericaCommodities are on track for their biggest gains in more than a century, while fixed-income assets post their longest bout since the global financial crisis, it wrote on Friday.Cash flowOut, as the situation in Russia and Ukraine exacerbates the inflationary pressure brought about by the global economy emerging from the new crown blockade.
The bankanalyst“Commodity prices this year are on track for their biggest gains since 1915,” said a weekly briefing led by Michael Hartnett, citing a range of factors such as pandemics, lockdowns, civil unrest, war, excessivecurrencyand fiscal stimulus, as well as supply chain disruptions, which led to the “historic”Qualcommswell.
For the same reason, the bank said that as central banks start monetary tightening cycles and increaseinterest rateTo curb soaring inflation, government bonds are set for their worst year since 1949, and “negative-yielding bonds will quietly disappear” from the market.
(Article source: Interface News)
