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Commodities: Fallen angel rebounds

Posted on 09 May 2014

The recent bout of vertigo in US technology and momentum stocks has coincided with another, less-heralded, reversal. Commodities, the fallen angel of the investment world, are on pace to have their best year since 2007. The first quarter of 2014 was only the second in the past 10 in which commodity indices outperformed their equity counterparts. In the second quarter, so far, that has accelerated.
Since the discovery in 2008-09 that commodities neither go up in a straight line forever nor pay a dividend, they have suffered a period in the wilderness with respect to investor demand. But they may be starting to emerge………………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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