Due to Federal Reserve Beige Book regional reports, investors increasingly believe the Fed will go on a rate hike spree this year.
CME Fedwatch sees things this way.
Talk of $100 Oil
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Commodities rocket on $100 oil talk, metals stress http://www.reuters.com/article/us-global-markets/commodities-rocket-on-100-oil-talk-metals-stress-idUSKBN1HQ02S …
Commodities rocket on $100 oil talk, metals stress
Talk that Saudi Arabia has its sights on $80-$100 a barrel oil again ignited a fierce rally in commodities and resource stocks on Thursday, though the potential boost to inflation globally put some…
reuters.com
Fun New Narrative
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