Coffee Reaches 16-Month High as Sugar Gains on Brazil Drought
Prices rallied 59 percent this year, the best performer in the Standard & Poor’s GSCI Spot Index of 24 commodities.
But what can wake the sleeping giant?
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Click to enlarge.
The chart shows the 10 year moving average of the Chicago Fed National Activity Index.
A zero value for the index indicates that the national economy is expanding at its historical trend rate of growth; negative values indicate below-average growth; and positive values indicate above-average growth.
Source Data:
St. Louis Fed: Chicago Fed National Activity Index
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