Coffee Prices Go Gangbusters, Fed Says Eat an iPad
HEDGEYE
Just yesterday, coffee prices spiked another 7%. That brings coffee’s year-to-date gain to over 90%. (No, that’s not a typo). Incidentally, historical pattern-search trend analysis from Eidosearch this morning ranks CME coffee futures (KT) as the most bullish 1-month set-up of any market-level indicator.