Morning Brief Grains

No change to outlook into summer for the US stock market.

This episode updates the near-term point-of-view of the market relative to the SP500.

Massive turn around from last week's volatile slide on surging rates.

Next?

Watch the video. Tell others of my model-based service of capturing the stock market.

Evidence the long-term trend of economic growth in the US is on track relative to the business cycle model outlook.

Global PMI also improved signaling growth.

PMIs run a strong correlation with GDPs and the economies in general.

Services and combination PMIs to be seen later this week.

Market debates inflation, interest rates, South America crops, global demand via exports, and technical price factors.

A model signal was made for Japan and Brazil corn. Also for Brazil soybeans. An update of European wheat.

Due to questions triggered by the Texas weather event I update my take on long-term and super-long-term climate. And the prospects for a crop problem near-term. Yes or no.