Author

Jeff Klearman

Jeff Klearman

Jeff Klearman is a Portfolio Manager for GraniteShares.

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Commentary,

Commodities and Precious Metals Report – Week Ending Nov. 16

Up nearly 0.7% through Tuesday on expectations the U.S. Federal Reserve Bank would continue raising interest rates as a result of a stronger-than-expected PPI report the previous week, the U.S. dollar finished the week down almost 0.5% after Federal Reserve Bank Vice Chairman Richard Clarida commented that interest rates are reaching neutral levels and that the U.S.Federal Reserve Bank needed to be aware of any slowing of economic growth.