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Economy

progree

(11,493 posts)

2. Commodities soar as war builds anxiety over supply shortages --

Reply to Tansy_Gold (Original post)

Sun Mar 6, 2022, 10:19 PM

Mar 2022

peppertree just posted this in this Economy Group -

https://www.democraticunderground.com/111692731

stealing a line from it --

Raw materials more broadly are on a tear this week - with aluminum up 13%; Brent crude oil, 15%; corn, 17%; and wheat, a whopping 41%.

Russia and Ukraine accounts for over 30% of global wheat exports, per the post.

It will be a rough day in the markets Monday. For sure in Europe, but in the U.S. as well.

S&P 500 futures are down 1.64% at 10:13 P.M. ET and headed further down.

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Highlight:

STOCK MARKET WATCH -- Monday, 7 March 2022 [View all] Tansy_Gold Mar 2022 OP

Euro slides as war in Ukraine stokes inflationary shock - progree Mar 2022 #1

I'll see if I can find the comparable link Tansy_Gold Mar 2022 #4

Thanks! ❤️❤️ progree Mar 2022 #5

Commodities soar as war builds anxiety over supply shortages -- progree Mar 2022 #2

Little buying interest bucolic_frolic Mar 2022 #3