SPYvsGME

Using the Commodity Index to predict the next CPI

SP:SPGSCI   Indice Commodity S&P Goldman Sachs
It's fairly simple to chart how the next 2 months are going to play out.

Dems flooded the market with strategic reserves just in time to save Midterm Elections.

Given OPEC+ decision to reduce supply, a monkey could have seen a bounce in OIL and commodities.

Conveniently a low was put in to end September which means this months CPI print will be lower.

It won't be until November after the elections and Oil has had a chance to run up will the fireworks start.

Dems probable going to tank midterms to a need for a conservative agenda.

I'm predicting FOMC and CPI in November will be bad.

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