--- title: "Commodity prices soar, will the \"second wave of inflation\" come to the U.S.?" type: "News" locale: "en" url: "https://longbridge.com/en/news/273568426.md" description: "Figure 1 shows that the surge in the commodity index has begun to raise questions: Are we in the early stages of an inflation recovery? As Goldman Sachs' Priovolotski pointed out a few weeks ago, such trends typically signal a broad depreciation of the dollar or a rapid recovery in global economic growth. Figure 2 shows a stark contrast between the rise of the U.S. stock inflation sector (white line) and inflation-linked bonds (blue line); the historical comparison in Figure 3 shows the current U.S. inflation cycle compared to that of the 1970s" datetime: "2026-01-24T01:10:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273568426.md) - [en](https://longbridge.com/en/news/273568426.md) - [zh-HK](https://longbridge.com/zh-HK/news/273568426.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273568426.md) | [繁體中文](https://longbridge.com/zh-HK/news/273568426.md) # Commodity prices soar, will the "second wave of inflation" come to the U.S.? Figure 1 shows that the surge in the commodity index has begun to raise questions: Are we in the early stages of an inflation recovery? As Goldman Sachs' Priovolotsky pointed out a few weeks ago, such trends typically signal a broad depreciation of the dollar or a rapid recovery in global economic growth. Figure 2 shows a stark contrast between the rise of the U.S. stock market inflation sector (white line) and inflation-linked bonds (blue line); The historical comparison in Figure 3 shows the current U.S. inflation cycle compared to that of the 1970s. ### Related Stocks - [Global X Copper Miners ETF (COPX.US)](https://longbridge.com/en/quote/COPX.US.md) - [Kinross Gold Corporation (KGC.US)](https://longbridge.com/en/quote/KGC.US.md) - [Ero Copper Corp. 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