Daily Close | Forex, Metals, Oil, Agriculture December 25, 2020



Source: Goodfone The Teucrium Wheat Fund (NYSEARCA:WEAT) provides investors unleveraged direct exposure to wheat without the need for a futures account. In the wheat market, as a commodity market, the price is formed on the basis of the balance between supply and demand. But nothing more.Fundamentally, there is no strong reason for expensive wheat at the moment.Funds are clearly not interested in wheat. Source: VisualizedAnalytics.com Compared to the first half of the year, the price of wheat is now more balanced relative to the price of corn.
Therefore, in the long run, there is the relationship between the values of the stock-to-use ratio and the average price of the wheat futures. Source: TradingView The current wheat futures price is well above the five-year average. The estimated stock-to-use ratio of the global wheat market in 20/21 is 41.8%. Therefore, the decision to invest in this fund should be made after analyzing the wheat market.
But more importantly, the seasonality suggests a period of a likely decline in wheat prices is approaching. Source: VisualizedAnalytics.com In my opinion, the wheat market is overpriced. The only thing that keeps it from declining is the positive dynamics of the corn market, which has already grown quite strongly this year. Wheat is clearly not interesting to them.


Growth (measured in dollar terms) has varied between 8% and 44% during FY15-19.


As the Fed successfully pushed back against COVID-inspired market turmoil, gold began a spirited march upward alongside stock prices. less Seemingly one of the most stubbornly durable bits of “market lore” is that traders treat gold as some sort of ultimate safe haven. ARRY offers a single-axis solar tracking system along with steel supports, gearboxes, and electronic controllers for the mounting of solar panels. Trying to fight this on the premise that “gold is a haven” would have likely been disastrous.

United States

The Fed’s fireworks pushed inflation expectations up while nominal interest rates sank, sending real rates of return into negative territory. It’s worth mentioning, the bill has been delayed by Trump’s call for a $2,000 check instead of $600 which was soundly rejected by Republicans in Congress. Array Technologies (NASDAQ:ARRY) is an exciting new entry making its public debut on October 15th, 2020. The top stock listed is CareTrust REIT (NASDAQ:CTRE), which this article will cover.
Research from our team of in-house analysts has been quoted by The Wall Street Journal, Bloomberg, MarketWatch, USA Today, Kitco, Reuters, US News & World Report, CNBC, and more. Source: Seeking Alpha CTRE was formed from a spin-off of post-acute care operator The Ensign Group (NASDAQ:ENSG) during 2014.


We have formulated this decay in terms of the gradual loss of economic competitiveness (efficiency) compared to Germany within the EU. This situation is likely fixed and neither Italy nor France is able to get back to the pre-EU level. Figure 1 compares several EU countries and splits the period from 1960 to 2018 into three sub-periods: 1960-1979, 1980-1999, and 2000-2018. less Brexit forces us to think about the future of the EU. If the EU is a multi-speed union then Italy and Portugal are driving in first gear.
Brexit- it’s over, finally!