Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Cotton Is the New Inflation Canary
Cotton prices jumped 5.4% in five days, hitting 88.60 cents per pound, even as the broader economy shows signs of cooling. In this episode, Lucas and Luna unpack why cotton — not oil or gold — might be the most telling commodity right now. They trace the rally from tight inventories and a smaller U.S. crop to weather disruptions in Texas and China's import appetite. They also weigh the impact of Ray Dalio's recent gold-and-bitcoin comments and the Treasury's bond gambit, which is stirring inflation worries. With CPI ticking up and breakeven inflation at 2.34%, cotton's…
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