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[Music] foreign lets start out with a look at the broad basket of commodity Futures and here we have the past few years of the Bloomberg commodity index which is a broad basket of kamayas ranging anywhere from Industrial Metals in that complex energy to Agriculture and precious metals as well and you can see the Commodities have had a big run beginning with the pandemic in 2020 which culminated with the recent Peak uh recently in 2022 on the back of the Russian invasion of the Ukraine where fears of War related Supply disruptions affected a number of commodity prices there and that led to the index railing quite sharply in the first half of 2022 before coming back to trade more in line with what I thought to be the the right supply of the demand fundamentals but the last few months of Commodities have really trended down as weve faced uh macro headwinds around the prospects of slowing economic activity and so today when we take a look at it and this is represented by the red line th