Bullish bets on food, water, shelter, energy? – are not bullish for the human race.
“In February, the United States Department of Agriculture projected that the cattle herd could begin rebuilding by 2025.”
Well that’s next year, shit … is this good news or bad news?
Coffee: https://kstp.com/kstp-news/top-news/coffee-prices-soar-to-highest-level-in-nearly-50-years/
Eggs: https://www.cnbc.com/2024/12/12/why-egg-prices-may-soon-flirt-with-record-highs-supplier.html
Corn: https://www.brownfieldagnews.com/news/2025-corn-prices-have-the-potential-to-rally/
Wheat: https://think.ing.com/articles/tighter-wheat-means-higher-prices/
Diesel prices only make sense if someone is lying BIG TIME about the state of the economy, and specifically the downside risks.
I believe we’ve been in a papered over global depression since at least 2008, and the “paper” only works for so long.