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Economy crash =/= stock market crash?

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  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    My commodities ETF (CMFP) doesn't appear to include wheat. But I'm wondering if it will still be affected by what is looking like a global wheat shortage on its way.

    https://www.ft.com/content/6551bb35-1de8-4918-bc53-4064f2fd4968 
  • Prism
    Prism Posts: 3,848 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Type_45 said:
    My commodities ETF (CMFP) doesn't appear to include wheat. But I'm wondering if it will still be affected by what is looking like a global wheat shortage on its way.

    https://www.ft.com/content/6551bb35-1de8-4918-bc53-4064f2fd4968 
    That entirely depends on how the reality differs from the prediction of commodity prices. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Type_45 said:
    Type_45 said:
    India has just banned food exports. It only exports 1% of global wheat, however. But this will cause chaos when the markets open on Monday.

    Question: how will this affect my commodities ETF which is CMFP?

    Global food shortages are coming. Stock up. 
    My grandparent were on rations during WWII, get a grip man. The world is not ending...not yet.
    People were more resilent back then. Now it's all whinging and complaints. With a reliance on the nanny state to solve every problem. 
    And more people grew their own food back then, especially in rural areas.


    Just living in a rural area doesn't equate to a having a bigger garden. 
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Type_45 said:
    Type_45 said:
    India has just banned food exports. It only exports 1% of global wheat, however. But this will cause chaos when the markets open on Monday.

    Question: how will this affect my commodities ETF which is CMFP?

    Global food shortages are coming. Stock up. 
    My grandparent were on rations during WWII, get a grip man. The world is not ending...not yet.
    People were more resilent back then. Now it's all whinging and complaints. With a reliance on the nanny state to solve every problem. 
    And more people grew their own food back then, especially in rural areas.


    Just living in a rural area doesn't equate to a having a bigger garden. 



    Times were different back then.


  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Markets having a shocker yet again today.
  • Alistair31
    Alistair31 Posts: 981 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Type_45 said:
    Markets having a shocker yet again today.
    At least it was a good day (finally) for RR. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Type_45 said:
    Type_45 said:
    Type_45 said:
    India has just banned food exports. It only exports 1% of global wheat, however. But this will cause chaos when the markets open on Monday.

    Question: how will this affect my commodities ETF which is CMFP?

    Global food shortages are coming. Stock up. 
    My grandparent were on rations during WWII, get a grip man. The world is not ending...not yet.
    People were more resilent back then. Now it's all whinging and complaints. With a reliance on the nanny state to solve every problem. 
    And more people grew their own food back then, especially in rural areas.


    Just living in a rural area doesn't equate to a having a bigger garden. 



    Times were different back then.


    1942 was the middle of the second world war.......... ;)


  • renegade1
    renegade1 Posts: 68 Forumite
    Fifth Anniversary 10 Posts
    lozzy1965 said:
    Type_45 said:
    Markets having a shocker yet again today.
    Every time markets go down you post that they have gone down.  I don't see corresponding posts every time the markets go up.  Looking for prediction confirmation per chance?
    Haha I noticed this too. The market did well on Monday and Tuesday yet he posted on Wednesday when they were down. 

    He even said previously that the opening on Monday would be 'chaos' (his own words) 😂
  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 19 May 2022 at 9:23AM
    renegade1 said:
    lozzy1965 said:
    Type_45 said:
    Markets having a shocker yet again today.
    Every time markets go down you post that they have gone down.  I don't see corresponding posts every time the markets go up.  Looking for prediction confirmation per chance?
    Haha I noticed this too. The market did well on Monday and Tuesday yet he posted on Wednesday when they were down. 

    He even said previously that the opening on Monday would be 'chaos' (his own words) 😂
    Hey guys, that’s being a bit harsh.

    It could just be a coincidence that he only checks the markets on days’ when it’s down!
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

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