Disinflationary forces rise as commodity prices tanked on recession fears

Disinflationary forces rise as commodity prices tanked on recession fears w/Brent tumbled 8% to $99, Copper collapsed nearly 5%, iron ore slumped 3%, Corn dropped 7%, Wheat fell 5%. Bloomberg Commodity Index down 4%. pic.twitter.com/10RRWEcWVY

— Holger Zschaepitz (@Schuldensuehner) July 12, 2022