Jan 10 Update: DOW is now down 1800 points since Trump’s win. Oil prices are now up over $76 barrel and your gasoline price at the pump is up over 5 cents a gallon even as there is Too Much supply! US gasoline inventories rose by 6.33 million barrels last week, significantly exceeding forecasts of a 1.5 million barrel build, marking the eighth consecutive weekly increase.
No relief on your grocery prices or that mortgage rate either.
The there is the rising value of the dollar vs other currencies that makes our ag products sold overseas more expensive for customers to buy. Here is the Dollar Index today.
