The Pits and the Pendulum

(1) Dr. Copper isn’t the only economist in the commodity pits. (2) CRB spot price index less volatile. (3) World exports and production rose to record highs in January. (4) The relationship between S&P 500 revenues, commodity prices, and the dollar. (5) Germany’s Ifo dipping. (6) US capital goods orders slowing. (7) China not as weak as Dr. Copper suggests. (8) Underweight-rated Materials may be oversold. (9) Focus on overweight-rated Industrials, especially enablers of factory automation.