Monday, February 24, 2014

Jacked Up Bean Stocks

February 24, 2014
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?

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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