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The cargoes its ships carry encompass economically sensitive commodities like iron ore, coal, grain, and steel products.
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If the politicians who bash the futures market could be bothered to look at the message it is conveying, they would see that the prices of several sensitive commodities are already on their way down.
ECONOMIST: Inflation in India
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Monetary policy would then be guided by the market prices of a basket of inflation sensitive precious commodities such as gold.
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Commodities are sensitive to both the dollar and interestrates.
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Priced in spot markets around the world, commodities are most sensitive to declines in currency values.
FORBES: Magazine Article
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The Fed did not supply enough liquidity to the economy in the late 1990s, which is why commodities, the most sensitive barometer of monetary disturbances, crashed.
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Commodities like oil are particularly sensitive to the value of the dollar, while U.S. demand is important for global demand.
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The private sector has created a variety of commercial weather products that range from specialized forecasts for weather-sensitive businesses, such as resorts and commodities traders, to those consumer-friendly weather maps seen in newspapers and on television.
FORBES: Fact and Comment
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The Fed should be mandated to follow a price rule conducting monetary policy in accordance with sensitive market prices, such as gold and other commodities, maintaining the purchasing power of the dollar without inflation.
FORBES: Magazine Article
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The most sensitive measure is the price of gold or, if you prefer, broad-based, nonenergy commodities indexes, both of which remain depressed.
FORBES: Fact and Comment