|Bid||18.5300 x 1500|
|Ask||18.5600 x 5100|
|Day's Range||18.5300 - 18.7060|
|52 Week Range||17.2700 - 19.6400|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||4.03%|
Commodity Index Import tariffs announced by the Trump administration threaten to spark a global trade war that could put a dent in the U.S. agricultural market—and domestic soybean prices could suffer the most. U.S. trading partners worldwide have threatened to retaliate against tariffs on steel and aluminum and have voiced similar sentiments about previously announced import tariffs on residential washing machines, as well as solar cells and modules, earlier this year. While China could pose the biggest threat to soybean prices, Canada and Mexico could target a broader array of agricultural products with tariffs.
Federal Reserve Bank of Chicago President Charles Evans said technology is disruptive and may be causing disinflation. Mr Evans implied that Amazon is killing inflation. I disagree with his conclusion because when you look at all the components that comprise inflation, a slew of commodity prices
Nearby resistance on key commodity-related charts suggests the bears are taking control of the momentum and that the downtrend is likely to continue.