Deflating Commodities

By Tim Knight of Slope Of Hope
Monday, July 17, 2023 4:56 PM EDT

The pathway, now more than a year old, is a steady slip lower for commodity assets, represented here by way of DBC:

(Click on image to enlarge)

Considering how dependent Brazil is on commodities, I’d say EWZ should follow right along:

(Click on image to enlarge)

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