The price of WTI crude oil has topped $93 a barrel, the highest since September 2014, as production in the Permian Basin was effected by a huge storm, and stockpiles dwindle amid strong demand #crudeoil #markets

The 10-2 Year Treasury Yield Spread has continued to flatten, falling to 0.62%, its lowest level since October 2020. Investors are expecting short-term rates to increase more than in the long-term #markets #economy

As economic rebound from the pandemic slows should investors turn defensive stocks rather than cyclicals? The MSCI World Cyclical is up 70% over the last 3 years and the MSCI Defensive is up 41% in the same period #stocks #markets

Commodities have outperformed both the S&P 500 and the Nasdaq 100 over the last year. As measured by the Bloomberg index, commodities have risen by a third, whereas the $NDX is up 10% and $SPX has grown 18% #trading #markets