The View from 5th Avenue

The View from 5th Avenue – 10 May 2021

It’s not often we start the View off with commodities, but after the largest gas/ diesel pipeline on the US East Coast was shut down due to a cyber ransom attack, investors were in no mood to fight the massive momentum surge in futures prices.  Copper, Oil, Lumber all started the morning moving higher (once again) as supply concerns continue to percolate within the inflation story. 

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