With the advancement of blockchain technology into supply chain management, everyone involved in production, shipping, wholesaling and retailing of all products, from precious stones to perishable food products, can be made aware of each link in the supply chain as each is connected.
Traders remain on the sidelines spooked by the sudden drop in tech shares while keeping an eye on yields and currencies in the aftermath of the BOJ's half-hearted attempt to steepen the JGB yield curve.
In a time when traders are especially concerned for the outlook facing the industrial sector as a result of rising tariffs and escalating trade wars, many traders were especially interested in today's CAT earnings. They had little to be worried about.
After 6 consecutive declines in the Dow Jones, the longest stretch since March 2017, and erasing all of 2018’s gains, the cash index is finally set for a rebound, trading some 130 points higher as the trade war panic fades, for now.
Companies are citing that wages are rising (due to a tight labor market) and prices for raw materials like steel are rising. Both of these are being reflected in companies’ aims to increase prices of goods and services... inflation is coming.
"This observation is at the core of the late-cycle playbook for owning commodities and why commodities typically perform the best when other asset classes perform their worst, particularly in relation to inflation..."