The net performance for the AlphaBee Multi Arbitrage Fund class A USD is +0.65% in May.
Inflation appears at least temporarily to be coming back: A UN gauge of world food costs climbed for a 12th straight month, its longest stretch in a decade. In the US, consumer prices increased by +4% compared to last year, so that the S&P 500’s inflation-adjusted yield, including real dividend and earnings yield, fell below zero.
The average delivery time for a wide range of materials increased to 85 day