There are news today that Russia could stop the export of grains, predominantly wheat from Ukraine via Black Sea.
I think we are in a new commodities super cycle.
The capital recycled in technology will go to commodities and emerging markets where most commodities are produced. Countries as Brazil, South Africa, Saudi Arabia, Russia, United Arab Emirates, Argentina, Mexico, Canada and so on.
This will cause further price inflation, of course.
Commodities stocks could benefit, of course.
AI, Crypto and Cloud stocks will eventually recover.
A quote: 'All models are wrong, but some are useful'.
Artificial intelligence is the future, but singularity is infinity away.
There is vast room for model improvement, though.
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