Waste time thread.
Reading into news depends on what type of trader you are - daytrader, position/swing and/or investor. After some point you just learn to drown it...
Look at things in terms of percentages rather than dollars. Know your instrument and how much % in moves typically in a day to get a reality...
Not really new news. We been in stagflation for years. Prices continue to rise - especially commodities. Cost of beef, milk, orange juice, corn,...
If you trade commodities futures, you get taxed at a lower rate. I think it is 60% at regular short term cap gains rate of 35% and the other 40%...
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