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Commodity stocks may rebound, but not for the reason you think

Posted on 26 July 2013

Global natural-resource stocks have sunk to the bottom of the barrel in an otherwise bullish first half of the year for equity markets. The Morgan Stanley Commodity Related Equity Index dropped 3.7 percent in the six months ended June, compared with a gain of 13.8 percent for the benchmark S&P 500 Index.
And that wasn’t just a recent phenomenon: As shown in the chart below, commodity stocks have trailed the S&P 500 for over two years — and by a whopping 36.5 percent………………………………………..Full Article: Source


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VRS - who has written 37583 posts on Opalesque Commodities Briefing.


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