MacrolyzedA 5-minute weekly brief on the economy and markets, made for you.

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Every indicator on the site, by theme, each with its chart. Tap one to open it; this week's brief is here.

Indicator As of Latest 1Y change vs avg History This week
Gold price Commodities 10/23/26 $4,037 ▼ -2.4% +91.6%
Oil near $100 is the year's defining move; broad commodities are the inflation hedge that has worked.
  • Oil (WTI) at $99.0 (Oct 16) is up 72% this year; attacks near the Strait of Hormuz pushed Brent to $110 this week, a five-month high.
  • The broad commodities fund at $33.74 (Oct 16) is the highest since July 2008, up 57.7% in a year, with a low link to stocks.
  • Gold at $4,181 (Oct 16) is down 5.5% in a month: it pays no interest, so higher real yields raise its cost of ownership.
  • Caveat one bank estimates about $25 of the oil price is war risk premium and forecasts lower prices into 2027; a de-escalation would unwind much of this.
Oil price (WTI) Commodities 10/23/26 $101.2 ▲ +64.5% +50.7%
Broad commodities fund Commodities 10/22/26 $33.57 ▲ +51.9% +87.2%
Copper price Commodities 10/23/26 $6.44 ▲ +26.4% +69.7%