$Nestle S.A.(NSRGY)$ $Costco(COST)$ $Kweichow Moutai Co.,Ltd.(600519)$ Not a good sign for food prices if I have to adjust the scale of my charts...The FAO Food Price Index jumped to another record high in March. Up over 12 % from last month's reading! The continued surge in food price inflation was heavily driven by oilseeds, cereals and dairy.BTW If you would like to see more commodity and macro content like this - consider following me on Twitter @lukaskuemmerleFood Price Inflation, Kuemmerle Research
Teslasharesfellnearly1%inpremarkettrading.Tesla Inc will recall 53,822 U.S. vehicles with the company’s Full Self-Driving (Beta) software that may allow some models to conduct “rolling stops” and not
Fed Disappoints Market, Lets SLR Relief Expire: What Happens Next
As washinted at, and discussed in depth here,the Fed decided - under political pressure from progressive Democrats such asElizabeth Warren and Sherrod Brown- to let the temporary Supplementary Leverage Ratio exemption expire as scheduled on March 31, the one year anniversary of the rule change.The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on