Performance is good, but this pattern may not apply to the inflation caused by Trump's policies. The reason is that the current inflation pressure is caused by "artificial inflation" from policies such as tariffs and immigration, rather than "natural inflation" formed by the normal operation of the economic cycle. During the inflation phase, there is no expansion of commodity demand. On the contrary, in order to hedge against the negative impact of inflation on the economy, the Trump administration may take more forceful measures to suppress commodity prices. Therefore, commodities face pressure in both scenarios of uncontrollable inflation and economic slowdown, and it is recommended to maintain a low allocation."Hola, cmo ests?"
Translated to
"Hello, how are you?"