Fuel on the Fire, 4 June 2021 Weekly Market Update

Fuel on the first

So that was May 2021. The ASX 200 rose 1.9%, there were some strong commodity moves during the month and the scent of inflation is starting to waft into investors’ consciousness amidst considerable uncertainty and anxiety- particularly here in Victoria. Below I discuss the inevitable continuation of increasing energy prices which along with the global tidal wave of money printing and rising cost of almost all commodities, will add fuel to the inflation fire.